Another Plymouth business has chosen commercial solar. This South Shore company’s unused roof space became a revenue stream that will save over $71,000 in electricity costs every year! Its 588 LG panels produce enough clean energy every year to offset the greenhouse gas emissions from 43 cars driven annually.
Reduce electricity costs
In addition to lowering your company’s carbon footprint, commercial solar can help South Shore business owners like you save money. Contact us to find out how much your company could save. Our site assessments are free & no-contact!
Solar tax benefits
Generous federal & state solar incentives make commercial solar a no-brainer. Companies that go solar in 2020 receive a 26% federal tax credit. In addition, accelerated depreciation (MACRS) allows further tax benefits.
Customers prefer green businesses
Going solar makes smart financial business sense, but combating climate change is just as important. In addition, customers are actively looking for environmentally-friendly businesses now more than ever before. According to Forbes, “consumers are looking for more environmental accountability from companies, and some are willing to pay extra for more sustainable products.” By going solar, you help your customers feel good about choosing your services.
Commercial Solar Leasing
For the greatest financial benefit, owning your commercial solar array is best. This customer decided to own the system, which we typically recommend. That said, commercial solar leasing could make sense for some. For example, if you own a large industrial building and want to generate income & help the environment without the up-front costs of owning solar outright, you might consider a commercial solar lease.
As the property owner, you won’t be responsible for payments or maintenance, but you also can’t enjoy the tax benefits of owning the system. You will, however, receive either a discounted rate on electricity or a straight cash payment for the next 20 years.
Why your business should go solar
Commercial solar provides immense financial benefits and allows your company to be a part of the green business movement. Thus, South Shore businesses like this one in Plymouth are wise to consider it.
Contact us to schedule a free, no-contact site assessment and find out how much your company could save today.