If you own a business, you know that one of the biggest expenses is your energy bill. There are a number of things you can do to reduce your energy costs, such as upgrading to energy-efficient appliances and lighting, and improving insulation. However, one of the most effective ways to save money on your energy bill is to install solar panels.
Solar panels are a clean, renewable source of energy that can generate electricity on-site. This means that you can reduce your reliance on the grid and lower your energy costs. In fact, the average commercial solar installation can save businesses up to 60% or more on their energy bills.
If you don’t have enough roof space for solar panels, a commercial carport can be a great alternative. Commercial carports are structures that are built to shelter vehicles from the elements.
Commercial carports offer a number of benefits, including:
- Protection from the elements: Commercial solar carports can protect vehicles from the sun, rain, snow, and hail. This can help to extend the life of your vehicles and reduce the need for maintenance.
- Reduced energy costs: Commercial solar carports can help to reduce energy costs by providing shade for your vehicles. This can help to keep your vehicles cooler in the summer and warmer in the winter.
- Increased employee productivity: Commercial solar carports can help to increase employee productivity by providing a more comfortable and convenient parking environment. This can help to reduce absenteeism and improve morale.
- Improved property value: Commercial solar carports can improve the value of your property. This is because they can make your property more attractive to potential buyers and tenants.
The 30% Solar Investment Tax Credit
The federal government offers a 30% solar investment tax credit (ITC) for commercial solar installations. This means that you can deduct 30% of the cost of your solar installation from your federal taxes. The ITC is a great way to save money on your solar installation and to accelerate your return on investment.
If you are interested in learning more about how solar energy can benefit your business, contact Solar Works Energy. We would be happy to answer any of your questions and help you get started on your solar journey.
Click here to learn more about federal solar incentives for businesses.