Commercial Solar

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5 Incredible Benefits of Commercial Solar

How can solar help a commercial building?

As a commercial property owner, you are looking for as much return on investment as possible. And solar is a fantastic way to achieve that in an area where few competitors are doing so. 

A capital investment with short and long-term benefits

Solar for commercial and industrial properties is a solid investment. In addition to huge operational efficiencies thanks to generating clean energy on site, solar improvements strengthen property values long-term. Larger systems enjoy significant economies of scale, making the price of installation much lower than residential systems. On top of that, numerous tax benefits – from accelerated depreciation to straight-up tax credits – make commercial installations remarkably low-cost solar investments.

Commercial solar also helps owners qualify for green credentials, and satisfies social responsibility guidelines. Get with a Spark Solar rep to get a commercial solar quote now.

Federal income tax credit saves you 30%

2023 is a great year to go solar. As rates climb, the ROI is better than ever and you can lock in your energy rate with a lower electric bill. You will get 30% of the cost of your system back on your next tax return. This is a dollar for dollar tax credit.

MACRS depreciation + bonus

Clean energy investments qualify for accelerated MACRS depreciation, so you can recuperate a substantial portion of the improvement in the first year. The depreciation is approximately 24% of the system total. This write-off is in addition to the 30% federal Solar Investment Tax Credit, which could put it at half-off the sticker price.

USA made products save you 10%

The inflation Reduction Act is promoting USA made products. The solar panels, racking, and inverters need to be domestic. We have access to the right materials to get you this additional 10% tax credit. 

Utility company incentives up to $90k

Most deregulated power companies offer an incentive for your commercial solar projects. We have friends at most electric companies and will work to get you the largest incentives from your electric company!

Up to 75% of your solar system can be covered by these incentives!

Flexible options for your property

Roof composition and rooftop space can vary from one commercial building to the next. We’re competent at a wide range of applications install methods, including:

  • Flat roof types
  • Solar carport canopies
  • Large scale ground mount
  • Metal roof mount
  • Custom structures

Your new solar power system doesn’t need to end with solar panels. Other commercial solar services we offer:

  • Battery Energy Storage Systems (BESS)
  • Gas or propane generators
  • Electric Vehicle Charging stations (EVCs)
  • Additional structions to support solar
  • Roofing using our partner network

 

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