The Same or Less Than You’re Paying Now
When factoring in the government grants and tax benefits, you’ll be paying the same or less than utility rates in the first 1-3 years, and then even less after that. All the while increasing the value of your commercial property or business. The day has come when we can say that...
Solar Energy is an excellent investment from Day One.
| For each dollar spent on solar energy for your business or commercial property, the math looks like this: | |
|---|---|
| Total system cost | $1.00 |
| Rebate check from Federal Govt.– 30% | -$0.30 |
| Average State Credit – 15% (may not apply) | -$0.15 |
| Value of accelerated depreciation | -$0.29 (Varies–this example 34% tax rate) |
| The state grant is taxable at the federal level so we add that back (28% rate) | +$0.04 |
| Total Net Cost | $0.30 |
So your new solar energy system can cost as little as 30 cents on the dollar. When this amount is leased or financed, the payment is typically about the same as your current electric bill (using $0.15 per kW hour as your current cost). But now your power rates are locked in for decades for that portion of energy generated from your solar system.
You’ve made money from the start.
Your power rates are now set in stone, plus you’ve just increased the value of your property by the fair market value of the solar installation – which, based on industry standards, is typically about $0.50 for each gross dollar spent, or nearly twice the net cost of your system after incentives and tax benefits are factored in. Any way your accountant slices it you come up with a significantly enhanced balance sheet.
