Smart Businesses Go Green Energy. Brilliant Businesses Go Solar Power.
Forward-looking Southern California businesses have even more economic incentives to choose solar power than homeowners do. Tax incentives and rebates available to companies right now include:
- 3 to 5 Year Return on Solar Power System Investment (Like getting a 15% tax-free CD)
- 50% Bonus Depreciation and 5-Year MACRS Depreciation
- 30% Federal Tax Credit for Solar Power
- 10% Utility Rebate for Solar Power
- Section 179 Deduction (up to $125,000 for 2012) for Utilizing Solar Power
- 30+ Years of Fixed Electrical Costs Using a Solar Power Energy System
Write-off Your New Commercial Roof with a Solar Power Energy System
Solar power benefits your business from day one by reducing and stabilizing your electrical costs for 30 years. Choosing a commercial solar power energy system also reduces your air conditioning load by shading your existing roof. The smartest choice by far is incorporating solar power when you replace your roof. This allows you to take advantage of the 30% Federal Tax Credit and 5-year Accelerated Depreciation for the part of your roof and insulation covered by the solar power energy system, which reduces the cost of your new roof significantly.
A Solar Power Energy System Pays for Itself
One of the best benefits of choosing a commercial solar power energy system is the quick return on your investment. To give you an idea of how quickly a commercial solar power energy system can pay for itself and also save you money, here’s an example. Solar Electrical Systems installed a solar photovoltaic system on the Irvine Inn. The owners were quick to see the advantages of investing in solar power and hired us because of our vast experience and long track record in the Southern California solar power market. The Irvine Inn’s 90kW solar power energy system consists of 407 Kyocera modules, 11 SMA inverters and a web-based monitoring system. The system has eliminated monthly electric bills for the owner and tenants, which has kept rents low. With rebates and tax incentives, the $585,000 project cost less than $105,000 out-of-pocket, which pays for itself in just six years. Over 30 years, this commercial solar power energy system will save the owners and tenants more than $5 Million.