Will a Photo Voltaic System make sense for my business?
Probably yes! While commercial utility rates are lower than residential
rates, a commercial PV system is normally larger in size, which our competitive cost structure reflects. Larger system - lower
cost per watt!
Secondly, as a business you can depreciate the solar system as any other capital investment. Depending on your
corporate tax bracket, the depreciation value can be substantial which will result in a very short payback period. A commercial PV
system also qualifies for the 30% federal investment credit.
There are usually more options when it comes to different rate
schedules for a commercial account. During our solar evaluation we will analyze different rate schedules and determine which rate
schedule is the most beneficial in terms of rate of return and investment payback. A Time of Use rate schedule might be a better solution
vs. a straight kWh cost schedule.