Why It’s a Smart Decision for Your Business to Go Solar - PowerPoint PPT Presentation

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Why It’s a Smart Decision for Your Business to Go Solar

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Solar technology has become an affordable alternative energy option for individuals and businesses alike, and as a dependable and consistent electrical system and cost-effective electrical source, it can hardly be faulted. In fact, recent reports have shown that the average business owner with a solar panel installation, can reduce their monthly electrical bills by as much as 75%! For many businesses, that has translated to savings of up to $500 in energy, every single month. – PowerPoint PPT presentation

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Title: Why It’s a Smart Decision for Your Business to Go Solar


1
Why Its a Smart Decision for Your Business to Go
Solar
2
  • Solar technology has become an affordable
    alternative energy option for individuals and
    businesses alike, and as a dependable and
    consistent electrical system and cost-effective
    electrical source, it can hardly be faulted. In
    fact, recent reports have shown that the average
    business owner with a solar panel installation,
    can reduce their monthly electrical bills by as
    much as 75! For many businesses, that has
    translated to savings of up to 500 in energy,
    every single month.

3
  • So, while there are a variety of benefits for
    businesses who choose to go solar, arguably one
    of the most appealing are the financial savings
    that can be made by using a renewable energy
    source, and the financial incentives available.
    Couple this with the fact that your solar system
    will provide you with an excellent return on your
    investment in a matter of years, and going solar
    as a business, simply seems like a smart
    decision.
  • Lets take a closer look at some of the financial
    savings businesses can make upon having a solar
    energy system installed

4
  • Federal Investment Tax Credit (ITC)
  • This is the most significant financial benefit
    for any business interested in using solar
    panels owners of newly installed solar panel
    systems receive a federal tax credit for 26
    percent of the cost of the system. However, 2022
    is the last year to claim this tax credit, so if
    you havent already had solar panels installed at
    your place of business, there really is no better
    time!
  • Accelerated depreciation Businesses are able to
    deduct as much as 85 of the value of the solar
    asset from their taxes, which provides them with
    yet another significant offset to the initial
    cost of a solar panel system.

5
  • Solar Renewable Energy Credits (SRECs)
  • These are a form of income that property owners
    can earn simply for having solar panels
    installed, and are a performance-based solar
    incentive. As a property owner, you create one
    SREC for every megawatt hour (MWh), or 1,000
    kilowatt hours (kWhs), of electricity your solar
    panel system generates.
  • State Grants -given directly by the state, these
    grants can add up to as much as 30,000.
  • USDA REAP Grant a Rural Energy for America
    Program (REAP) Grant provides guaranteed loan
    financing and grant funding to agricultural
    producers and rural small businesses for
    renewable energy systems or to make energy
    efficiency improvements.

6
  • Solar panels can also increase profitability
  • Theres no denying that converting your business
    to solar energy will demand that you evaluate
    your current energy supply situation, but its a
    significant investment that all businesses should
    consider, and now! right now. Not only that, but
    as the months and years pass, youll see your
    business profitsincrease thanks to reduced
    overhead costs, energy independence and a return
    on your investment typically seen within as
    little as 3 years.
  • Profitability is within your reach with the
    professional installation of a solar panel
    system, and theres no better time than the
    present to take advantage of government
    incentives and tax breaks. Solar for businesses?
    What a bright idea!

7
  • Proxima Solar Energy is a proud veteran owned
    organization founded by a group of partners, on
    the premise that everyone should have access to a
    clean, alternative-energy future. Proxima Solar
    is one of the best companies for solar power in
    Dallas and believes that your path to a clean
    energy future should not be difficult or
    complicated, so we seek to bring you simplified
    solar solutions that will benefit today and help
    to ensure a brighter tomorrow. If you are looking
    for solar panel installers in Dallas, look no
    further than Proxima Solar Energy. Get an instant
    ballpark solar estimate using satellites!
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