Solar for Your Business
Commercial solar applications break down to Business, Non-Profit and Agricultural. Solar is often used to reduce both the service cost or the amount of power you buy but will also help reduce demand charges if those peak demands are during the day and if you have a rate that this applies. There are many different rate plans so a thorough process of collecting use and rate information is necessary. We can go through this and analyze how solar would work for your commercial/nonprofit or agricultural application. The same 30% Federal tax credit applies to business as well as depreciation on the equipment helping make solar great for a major business expense: power. There are funding sources such as PACE loans, based on the property value. There are also what are termed a PPA (Power Purchase Agreement) or a lease that will simplify the process of going solar so that your business is simply paying less for power, even for a non-profit organization.