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Commercial Solar Electric Benefits

Solar energy is the clear choice for a growing number of businesses.
Solar energy is an affordable and sensible financial investment. It allows you to lock into lower electricity rates over the next 30 years and make a sizeable impact on your bottom line. Many solar electric systems yield paybacks within 5 to 8 years. There are a number of government incentives to help you offset the initial cost.
Reduce Your Energy Costs sunset
The long life of your system essentially allows you to lock into lower utility rates by producing your own electricity and avoiding utility rate hikes.

  • You can “sell back” your excess power production to your utility company in the form of credits for use during times of less production or greater need.
  • Many solar electric systems yield paybacks within 5 to 8 years, equating to as much as 25 years of free electricity.

Receive Government Incentives
Rebates and tax credits currently equal nearly 50% of the cost of your solar system. Take advantage of these incentives as well as all the other available benefits of solar energy systems:

  • 30% Federal tax credit 
  • California State rebates
  • Federal 5-year accelerated depreciation for solar equipment
  • California State standard capital equipment straight-line depreciation
  • Loan interest deductions are available; see your tax consultant
  • Legislative protection against county property tax increases related to your system
  • Insulate your business against energy rate increases
  • Solar installations will increase the value of your property while you benefit from legislative protection prohibiting county property tax increased related to the installation
  • System pay-back periods are consistently within 4-12 years

Enjoy A Low Maintenance System
No moving parts means minimal maintenance over the expected 30-year life of the system. (Some battery back-up systems require additional maintenance.) Every system installed in California has a mandated 20-year warranty on modules, which make up the bulk of the cost of a PV system. Independent studies indicate that operation and maintenance costs over the life of a commercial grid-tie system measure in the neighborhood of 0.4% of the installed capital cost of the system.
Energy Security
Stabilize you energy costs and supply for the next 30 years. Is it important for you to know the power you consume doesn't depend on oil supplies from politically volatile regions of the world? How important are your energy costs to your bottom line? Investing in solar energy today will allow you to avoid paying the inevitable energy rate increases of the public utilities. An investment in solar energy allows you to turn your electricity expense into a fixed cost on your balance sheet and reduce your long term operating expenses.

Please phone a Sun Light and Power representative at (510) 845-2997
for more information or to schedule a consultation.


 

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