7 Levelheaded Reasons to Invest in a Solar System
1. Save Money
Today a solar system is a bankable investment. Especially when you live near Fresno, California — one of the best areas in the world for harnessing energy from the sun. During the duration of your investment, your savings will equate to a 20 to 30% rate of return! Can you say the same about your other investments?
2. Price Stability
The cost of power keeps going up by an average of 4.5% per year. By investing in renewable solar energy today, you essentially lock-in your rate for the next 30 years.
3. Environmentally Kind
Over its 30-year lifecycle a 100-kilowatt solar system (approximately 400 solar panels) offsets approximately 2,750,000 miles driven — or 128,000 gallons of gasoline — and 1,250 tons of CO2 gas emissions. That’s a huge benefit for our environment! Not to mention it does all this while saving an average of $2,500 per month on the electricity bill. Larger projects have even bigger savings.
4. Tax Credits
For commercial solar systems, the federal government offers a 30% tax credit off the installed cost of your solar system. What does that mean? For every dollar spent on solar, you can reduce your year-end tax liability by 30 cents.
5. Federal and State Depreciation
A commercial solar system can take advantage of accelerated depreciation. This offsets an additional 37% of the solar system's cost through tax credits.
6. Utility Rebates
Depending on your utility provider, you may qualify for another 5% savings off the cost of your investment in a commercial solar system.
7. Customers Appreciate Solar
Customers appreciate companies that "go green" and help our environment.
Did you do the math?
Business owners can qualify for up to 72% offsets!