A commercial solar installation offers quite a few benefits for businesses. While residential solar power has become extremely common — especially in the Bay Area — commercial solar power is still relatively overlooked. That’s changing fast as many local businesses are discovering that a commercial solar roof installation is a sound business strategy. Here’s why.
- Cut Energy Costs
Businesses require electricity, and electricity costs money. Solar power provides a simple solution. Solar panels harness the sun’s energy and convert it into electricity, drastically offsetting your monthly utility bill, and in some cases even eliminating it entirely. As the cost of electricity grows, so do your operating expenses. A commercial solar installation puts money back in your pocket.
- Reduce Your Company’s Carbon Footprint
In a world full of environmental uncertainty, it’s up to all of us to do our part to minimize our impact on the planet. By continuing to run your business on grid-based power, the unfortunate truth is that you’re contributing to climate change. Transitioning to solar power is a fantastic way to go green and make your business more sustainable and eco-friendly.
- Take Advantage of Net Metering
In addition to cutting operating costs, you might even be able to generate income with your commercial solar roof installation! If you have an extremely efficient commercial solar installation, you can use a process called net metering, which essentially means that any extra energy you generate is sold back to the utility company, so you receive a bill credit.
- Boost Your Property Value
It’s no secret that solar energy systems are a popular upgrade among home and business owners, especially in California. If you should ever decide to sell your property, you can be sure that your solar energy system will be an exciting selling point. While solar power does boost property values, it doesn’t increase property taxes, so you get the best of both worlds.
- Elevate Your Brand
Your commercial solar installation says a lot about your company. These days, people all over the world are seeking out and supporting sustainable companies whenever possible. Your commercial solar roof installation shows that your company is committed to bettering the environment, both short and long-term. You can even incorporate your solar power into marketing materials that can grow your customer base.
- Enjoy Generous Tax Benefits
While solar power has come a long way over the years, it’s still not quite mainstream, even in California. Because of the obvious environmental impact on the planet, the federal and local governments will actually help to cover the initial cost of your commercial solar installation. The Federal Solar Tax Credit is a big one, allowing you to deduct 26% of the cost of your solar energy system.
In addition to covering some of the installation and equipment costs, there are other government programs to further save your business money, including generous depreciation laws at both state and federal levels, as well as various grants that are available for businesses that use energy-efficient power.
It’s worth noting that a commercial solar roof installation won’t always be this financially viable. As solar power becomes increasingly common among home and business owners, there’s little doubt that state and federal governments will reduce and eventually eliminate these generous incentives, making a commercial solar installation more difficult to obtain. Now is the time to get in on the ground floor!
- Feel Good About What You Do
While it’s not as tangible a benefit as the others, the simple truth is that when you feel good about what you do, you’re more likely to succeed at it. Waking up every morning and working at an environmentally-friendly company just feels right. Additionally, you can feel more confident moving forward, knowing that your business is self-sufficient.
Request a Quote Today
Commercial solar power sounds pretty great, right? We agree. If you’re interested in learning more about a commercial solar installation for your business, please browse our solar educational materials, and contact us if you have any questions, or to request a quote. Talk with a Simply Solar advisor today, and enjoy the incredible benefits that a commercial solar roof installation can offer your business.
