3 Benefits of Solar Power for Businesses

May 29, 2024

A lot of people think about getting solar for their homes, but choosing solar power for your business can be a great option, too. Here are three of the biggest benefits to commercial solar installations.


1. You'll Save Big on Energy Costs

The average business may be able to save as much as $100,000 in electricity costs over the span of 20 years by switching to solar. Your business' location, size, and specific needs will affect that, of course, but solar power is a great way to reduce or eliminate the cost of electricity. The money your company saves can be used to bring on more employees, buy additional equipment, make repairs or improvements, or keep costs down for customers.


2. Tax Incentives Make It Affordable

Energy savings isn't the only cost benefit when your business chooses solar power. The cost of the solar system itself comes with a lot of tax incentives that can make purchasing or leasing it, and installing it, less expensive. With the right incentives, it's possible to pay only around 30% of the anticipated or quoted cost of a system. For example the ITC is a Federal Investment Tax Credit that reduces the upfront cost of the system by 30%.


So, if you pay $100,000 for the system you get $30,000 off your federal taxes. That's not the only credit, either. There's also the Production Tax Credit, bonus depreciation, net metering, and Modified Accelerated Cost Recovery System (MACRS). These all add up, but the MACRS is the largest. It's a way for your business to recover depreciated value over a five-year period, and your tax incentives will add up to approximately 70% of your total system cost.


3. Sustainability Is Popular With Customers

You may see an increase in customers when you switch to solar power for your business. A lot of people like to do business with companies that take good care of the planet, and solar energy is a part of that. By making sustainable solar power a part of your branding, you can attract more potential customers who want to support what you're doing.


We are proud to be voted the # 1 Solar Company in El Dorado County! Please contact us today to learn more about solar for your home or business!




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Investing in solar energy can be a great way for businesses to improve their finances, and it can also help the way they're viewed by potential customers, as well. If you haven't considered solar, now's the time to see what it can offer. Here are five of the biggest reasons for your business to invest in solar. 1. Big Tax Breaks The federal solar investment tax credit (ITC) significantly reduces the cost of solar installation. It's designed to deduct a percentage of the system's cost from federal taxes, that that can mean big savings. Many states also have tax saving programs for solar, too. 2. Ongoing Energy Savings Over time, a business that uses solar can save a lot of money on its energy bills, Especially for large businesses or those that use a lot of power, solar can be a great way to reduce the impact of energy bills on the company's bottom line. If a lot of your company's potential profit is going to the power company's bill every month, solar might be right for your needs. 3. Grid Independence For businesses that need to keep running even if the power goes out, solar can be the right choice. You'll have far less dependence on the power grid when you have a solar system, so you can keep working though power outages and related issues. 4. Increased Property Value If you want to improve the value of your business' real property you can do that with solar. Commercial properties that have solar installed have higher values when compared to similar properties without solar panels. 5. Net Metering When your solar system makes more power than your business uses you can feed that power back to the grid. Utility companies buy this power, and that can mean a big savings off of any power you do need to use from time to time. It could even put money in your business' pocket. There are some big reasons to consider solar for your business, and you can get a significant amount of value from it in most cases. Finding out if solar is right for your company is easy, and will give you the opportunity to advance your financial goals more easily, for a better long-term future. It’s time for you to take full advantage of solar energy’s benefits. Contact us today to learn more!