Solar solutions for your business
For any business, finding new sources of capital to reinvest in the company can be difficult. Solar saves your business money that would otherwise be spent on utility bills. The bottom line benefits are undeniable. According to a 2016 SunPower survey, 87% of business respondents cite saving money as one of the primary reasons for funding solar projects- with some projected to save hundreds of thousands of dollars (or more) in electricity costs over the life of their commercial solar panel system. That’s money that directly impacts your bottom line.
Why should your business go solar now
The longer you wait to think about solar, the more it costs your business. Commercial prices for solar have decreased 58% since 2012. However, recent policy decisions suggest we may be nearing the bottom of that downward trajectory. The federal investment tax credit (ITC) for solar is equal to 26% of the amount invested in an eligible installation. However the rate will decrease in 2023. Meantime, electricity prices continue to increase year over year. The sooner you decide to go solar, the more you can save.