As your business looks to the future, increasing costs, particularly the cost of energy, is a significant concern. You know many of the static costs of maintaining the facility. But as energy costs sour, you could face increases that are nearly impossible to estimate and work into your budget. However, the Solar Group is offering business owners a simple and reliable solution to the unpredictable cost of energy in the future. Harnessing the sun’s power is the ideal way to control the cost of future power for your facility and promote a very desirable and environmentally conscious image.
Will Solar Panels Really Pay For Themselves?
Experts estimate that the average commercial solar installation will pay for itself in 3-7 years depending on the funding option, with the annual ROI ranging from 10 to 20% based on the location of the project. The experts at the Solar Group are here to assist you in planning and budgeting for your system as well as the design and installation of the project to ensure it meets the needs of your business and the capability of your business to fund this investment in the future of your business and the planet.
Ways To Reduce The Cost Of A Solar Installation
As you explore the initial investment in solar and the time needed to recover that investment, take notice of the benefit of tax incentives. A tax credit of up to 30% of the solar panel cost will be available to your business over several years. There is also a production tax credit that is based on the kilowatts produced by the system. This credit can be applied for the first decade of use of solar production.
Also, many areas offer grants to cover a portion of the cost of the purchase and installation of solar power equipment. Taking advantage of these often substantial grants will significantly decrease the time needed to fully recover your investment in the infrastructure for your solar power system. Finally, some energy providers buy the excess power created by solar systems owned by private businesses and generated to operate their facilities. This option can significantly decrease the time required to cover the entire cost of taking your business solar.
Increased Commercial Property Value
The value of your office building is crucial to your business. As a property owner, that value is your nest egg for the future. Installing solar will not only decrease the operating cost of the building but directly add to its value. The increased value is added security for your future, a realized increase in the cash in your pocket if you sell the property, and added leverage if you choose to use the property value to secure a loan.
Harness The Sun To Set Your Office Building Apart From The Competition
Most office building owners face significant competition when leasing space to a tenant. You need to have the most curb appeal, ideal traffic flow, and cost-effective space to win over today’s tenants. Solar energy will help you sell clients not only on reduced energy costs but also on your dedication to the future of our planet and sustainability. Your office building solar system from the Solar Group will speak volumes about your desire to lead, not follow. Your facility is ready to move forward, embracing the future in an environmentally friendly and wise manner. Please reach out to the experts at the Solar Group to explore the numbers for your office building to harness the power of the sun.