Converting to solar design will position your Denver business as a forward-thinking, environmentally responsible industry leader. Your solar roof will highlight your Denver corporation's commitment to the environment as well as your local community will be seen by all, including your customers and neighbors.
Commercial solar installation not only reduces carbon footprints, but it also helps Denver businesses promote U.S. energy independence, helping to decrease America’s dependence on foreign energy.
Commercial Property Assessed Clean Energy (C-PACE) is an innovative program that is helping commercial, industrial and multi-family property owners access affordable, long-term financing for smart energy upgrades to their buildings such as commercial solar panels.
C-PACE enables owners of Eligible Commercial & Industrial Buildings to finance up to 100 percent of energy efficiency, renewable energy, and water conservation, as well as a selection of other eligible improvements. Financing is provided by private Capital providers, at competitive rates with repayment terms up to 20 years.
By helping to reduce your overhead costs associated with your utility expense, installing business solar panels provides increased cash flow to your business, freeing up capital to increase your Denver business’s bottom line and thus giving you an edge in an ever-competitive environment.
There are two major incentives that make solar attractive for a Denver business. The first is a limited time 30 percent federal tax credit – effectively providing a 30 percent discount off the cost of a solar power system in the first year. The second incentive is accelerated depreciation (commonly referred to as MACRS) which provides the ability to depreciate solar over five years with the depreciation front loaded at the beginning of the depreciation period.
With generous tax incentives, simple payback for solar projects ranges between 5-7 years for most for-profit businesses looking to buy systems outright. For companies looking to have no up-front cost, multiple financing options still save you money every month while making solar roof panels affordable.
No, our team is trained to help choose the best option when it comes to business solar panels that fit your needs. By answering a few questions, we can provide a financing option from our approved and vetted financing partners that fit your goals – helping you stay cash-flow positive for the life of the financing.