COMMERCIAL

30% FEDERAL TAX CREDIT FOR SOLAR

The Federal Government provides a tax credit to business owners that invest in solar. Businesses receive a tax credit that accounts for 30% of the cost to install solar on their establishment.

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“Solar power offers a tremendous opportunity for Texas helping create Clean, Renewable Energy!”

How the Tax Credit Works with Commercial Solar Projects

The solar tax credit applies based on the date when installation starts. All solar installations that start in 2021 or 2022 will get a 26% credit, but this becomes 22% on January 1, 2023. Projects must also be completed within four years after starting construction or before the start of 2026, whichever happens first. However, solar arrays are installed quickly, and four years is plenty of time even for megawatt-scale systems.

Electricity Buyback Programs for Commercial Solar Systems

Home solar power systems produce most of their electricity around noon. However, occupants are often away at this time of the day, at work or attending academic institutions. As a result, a lot of the electricity is not consumed at home, but exported to the power grid. This reduces the savings achieved: each kilowatt-hour consumed saves the full retail price, but most energy companies only give partial credit for exported electricity.

Commercial solar power systems are affected less by this issue, since companies are normally active around noon. This means they consume most of the electricity produced by solar panels. However, on the weekends, holidays or slow traffic days, excess electricity can be sold back to the grid for an additional bill credit.

Companies who go solar save money, Make the switch to solar today!

SOLTECH ENERGY - SOLAR OF EL PASO

SAVE MONEY

Available incentives help offset installation costs making it more affordable than ever for companies to go solar. Local utility incentives, the federal investment tax credit and accelerated depreciation may reduce costs by nearly 60%. Once you realize the savings on your monthly electric bill, you will understand why switching to solar is the best path forward.

GAIN ENERGY INDEPENDENCE

Don’t be at the mercy of utility providers. By going solar you gain a measure of energy independence that protects your company against rising energy costs. Investing in solar energy locks in that portion of your energy expenditure for the life of your system

SOLTECH ENERGY - SOLAR OF EL PASO
SOLTECH ENERGY - SOLAR OF EL PASO

INVESTING IN SOLAR PANELS FOR BUSINESS

As a business, your first priority is to see if commercial solar panels are good for your bottom line. Texas is a hot state and businesses use a lot of electricity which is why saving on your electric bill each month can be a huge help in cutting expenses. Having a solar system also stabilizes your bill amount, making accurate monthly and annual budgets that much easier. The result? Increased confidence in your business’s financial future.

You’ll be able to take advantage of other savings when you invest in solar panel installation:

  • The 30% Federal Investment Tax Credit
  • 5 Year MACRS Asset Depreciation Schedule Utility Rebates and Performance-Based Incentives
  • Property Assessed Clean Energy (PACE) Financing
  • The USDA’s Rural Energy for America Program (REAP) This is a grant of up to 25% of the project cost if you’re in a rural area

PROFESSIONAL CONSULTATION AND DESIGN

– Commercial Building Owner submits a quote request or calls us at 915-444-8376

– Our professionals provide the business with a preliminary estimate. We use overhead imagery and the information provided in the quote request form to provide an approximate estimate of installation cost and savings. It is during this step that we will go over our solar panel options and specify a solar inverter.

– Business requests site survey for official proposal.

– We perform a site survey and provide a proposal that meets the owners needs and requests.

SOLTECH ENERGY - SOLAR OF EL PASO
SOLTECH ENERGY - SOLAR OF EL PASO
SOLTECH ENERGY - SOLAR OF EL PASO

Quality, Responsibility, Knowledge & Integrity.

Contact our Solar agent for a Consultation

We know that the process of installing solar panels for your business can seem overwhelming. That’s why we’re here to provide you with a no-obligation consultation where you can discuss your concerns and questions. We can ensure you understand the financing and purchasing options available to you. Once you decide to move forward, our solar installation technicians can handle everything from the inspections and permits to paperwork and installation

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Customer Service

Helping make the best choice for you, with our focus on details.

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Experienced Installers

Our proficient team leaves no stone unturned.

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Quality Equipment

We work with only the best equipment in the industry.

SOLTECH ENERGY - SOLAR OF EL PASO

Contact Us

 

10921 Pellicano Dr El Paso, TX 79935

(915) 444-8376

Soltech@soltechenergyep.com