Storing energy when it’s cheap and dispatching it when it’s expensive generates savings that impact your bottom line.
You don’t have to change anything about the way your facility runs; the battery just reduces cost.
Our energy storage solutions can respond in milliseconds, ensuring power consistency and quality during grid events.
Energy storage is used to store and dispatch renewable energy including solar and wind power.
Storing energy when it’s cheap and dispatching it when it’s expensive generates savings that impact your bottom line.
You don’t have to change anything about the way your facility runs; the battery just reduces cost.
Our energy storage solutions can respond in milliseconds, ensuring power consistency and quality during grid events.
Energy storage is used to store and dispatch renewable energy including solar and wind power.
Solar energy, long term is cheaper than traditional energy sources because there is no market volatility.
Fossil fuel prices are unpredictable and often remain expensive over time because fossil fuels are finite. Meanwhile, advancements in technology have caused the cost of renewable energy to steadily decrease over the years, specifically photovoltaic solar systems.
Business owners can reap substantial benefits in the short and long run by installing commercial solar systems. These systems can help lower operational costs, boost profitability, and contribute to a more sustainable future.
To recover your investment
Solar tax incentives
Average ROI
Warranty covers panels, inverters & racking
Payback Period varies depending on the type of business purchasing the solar system and what type of incentives they will specifically qualify for, but our customers typically see anywhere between 3-6 years for their Payback Period.
The Internal Rate of Return (IRR) also varies largely depending on the incentives and funding sources the business can qualify for. Customers see a much higher IRR than their Weighted Average Cost of Capital (WACC).
On large scale projects we use Commercial-Grade products and materials. This means larger panels, more robust inverter systems and stronger mounting products
In most cases the existing utility infrastructure will be able to handle your solar system. It is best to consult with our commercial team before embarking on your solar investment. We will do a site analysis and determine if the current infrastructure is adequate for your unique situation.
Commercial customers are eligible for the 30% Investment Tax Credit and up to a 70% Investment Tax Credit based on the Inflation Reduction Act.
Yes, this type of investment can be depreciated using the MACRS table.
Yes, we have partnered with some of the best Commercial Solar Lenders in the nation. Our team will ensure you get the best financing at the best available rates.
Yes, we do offer commercial-grade battery backup. We design a different type of battery backup option for every customer to accomplish their own unique needs and goals.
Our Commercial Solar Team is happy to assist you in the financial evaluation of this investment. Solar Power of Solar Tech Elec is well-versed in corporate finance and can provide extremely detailed financial models for entities of all sizes.
No, a PPA is not required for a commercial solar system. Typically, a business will install a solar system to use or self consume its power on site. Since this question is best answered by our Commercial Team, if you are interested in learning what’s best for your company, we recommend booking an introductory call with our team to learn more.
© Copyright 2023 | Solar Tech Elec LLC | All Rights Reserved.