More and more corporations are choosing to go solar not only because of what they “give back” environmentally but for what they “get back” financially. Here are some of the many benefits of a commercial solar photovoltaic system:
With rapid payback, strong internal rates of return, and a predictable cash flow stream, commercial solar projects can deliver outstanding long-term investment returns for businesses. In addition to dramatic reductions in your company’s ongoing electricity costs, in many cases, a commercial solar project can generate incremental revenue, effectively creating a new profit center.
Federal, state and even local governments frequently offer attractive rebates and incentives to encourage businesses to invest in solar. Effective utilization of available incentive programs can dramatically reduce the upfront cost of solar while providing a predictable long-term revenue stream.
Prices are highly volatile and difficult to predict. Historically, the cost of electricity has increased at compound annual growth rates in excess of 5%. By generating your own clean electricity onsite, you eliminate your company’s exposure to such price volatility.
Solar conversion will position your business as a forward-thinking, environmental leader. Your customers, employees, vendors, shareholders and neighbors will be fully aware of your corporate commitment to the environment and your local community.
Go Green… and Red, White, and Blue
A business that converts to solar not only reduces their carbon footprint, they promote U.S. energy independence, helping to decrease America’s need for foreign energy.
Your business can break away from high electric bills by switching to solar power. Generous state and federal incentives, such as the solar Investment Tax Credit (ITC), make commercial solar panel installations a much more affordable proposition than they were even a few years ago. Businesses of every type and size are embracing solar energy to reduce operating costs and increase profitability.