Solar for your business saves money and attracts clients
Solar for business works. Here are the most compelling reasons why:
Increase your profitability by reducing energy costs. Financing options allow you to put little to no money down and enjoy the increased cash flow from reduced energy costs immediately. Better yet, once the system is paid off, all energy produced is free.
Turn unused rooftop space and land into mini-power plants and build asset value instead of paying your utility. Take ownership of your energy instead of forever renting it from the utility.
Lock in low energy prices for your business. Commercial electricity prices have increased an average of 1% per year over the past decade (Statista Report). Hedge against rising prices by investing in low-cost solar energy.
Improve brand image and attract new customers. A few examples: “Sales of products marketed as sustainable grew 5.6X faster than those that were not” (Harvard Business Review, 2019), “88% of Consumers Want You to Help Them Make a Difference” (Forbes, 2018), and “No matter what, sustainability is no longer a niche play: your bottom line and brand growth depend on it” (Nielsen Report, 2018).
Boost employee morale. “Improve Employee Morale and Save Money by Going Green” (Entrepreneur).
Improve public health by reducing air pollution. “Nine out of ten people now breathe polluted air, which kills 7 million people every year. One third of deaths from stroke, lung cancer and heart disease are due to air pollution. This is having an equivalent effect to that of smoking tobacco” (World Health Organization).
Protect the environment.
Business Solar Tax Incentives
Currently, your incentive is a 26% federal investment tax credit and accelerated depreciation. Accelerated depreciation allows you to deduct additional project costs from your taxes. After the tax credit and depreciation, the net project cost is around 55% of the purchase price. Local incentives apply in some areas and further decrease the cost of going solar.
NOTE: the federal tax credit steps down to 22% in 2021 and 10% in 2022. ACT NOW to lock in maximum savings – contact a specialist from our team – or reach out to Austin, our commercial specialist directly.