Commercial solar energy is a great way to generate electricity without spending a cent. The cost of natural gas fluctuates and a fixed solar system is very affordable. Solar also improves cash flow forecasting by offering a fixed price and no fluctuation. Read on for more information. You can also get tax credits and Net Energy Metering. If you’re interested in purchasing solar panels, contact us. We’ll be happy to assist you.

Tax Credits

If you are a business owner, you are probably wondering about the tax credit for commercial solar energy. This credit is available through the federal government and offers significant savings for your company. However, you have to act quickly to get the most out of the credit. It is a limited time offer, so you need to plan your investment now to ensure maximum savings. The solar tax credit will vary based on the capacity of your solar project.

There are several advantages to commercial solar energy. First, the federal government will provide a tax credit equal to 26% of the cost of the system. The amount of the credit will be deducted from the business owner’s tax liability. Additionally, the credit will rollover into future tax periods for up to 20 years. For this reason, it is important to make sure you do your homework before making a final decision. Secondly, you must have a tax liability in order to claim the tax credit.

Net Energy Metering

If you’re a commercial solar energy customer and have a commercial solar energy system, you’ve likely heard of net energy metering. This method measures the amount of energy you generate and then credits that amount toward your outstanding balance at true-up. The meter will also track your solar panel production, so you can apply any excess production to your future usage costs. Here’s how it works. During an outage, solar PV systems that don’t have battery backup will lose power. But during these outages, the outages are for safety reasons — they could be dangerous for the crews performing repair work. Net energy metering is important for commercial solar energy, and there are certain conditions you’ll need to follow.

Most large businesses are net importers of energy from the electric grid. However, smaller businesses often generate more energy than they use and can export a surplus to offset their energy use. With net metering, your business can be confident that all of the electricity you produce will be used to offset your energy consumption. This way, you’ll be able to enjoy the benefits of solar energy and net metering.

Maintenance

Commercial solar energy systems require little maintenance once installed, but there are some things you should keep in mind. Some panels are more prone to early wear and tear than others. Fortunately, the majority of solar panels come with some type of warranty and many will cover the cost of repairs or replacements. Here’s how to ensure your solar energy system is running efficiently. Read on to learn about preventative maintenance and emergency maintenance. Having a reliable solar company on call for maintenance can make your business run smoother and help you avoid wasting money on unneeded repairs.

One way to protect your commercial solar investment is by hiring a qualified company to perform routine inspections and maintenance. These O&M services provide a thorough and consistent cleaning. By following a set schedule, your solar panels will work at peak efficiency. You can also expect less frequent repairs and better energy output. In addition to these benefits, hiring an O&M service provider will ensure your system continues to produce at or beyond its expected energy output.

ROI

When comparing the cost of a solar energy system, the ROI of commercial solar energy is a critical factor. This measure of ROI combines the initial costs of installation with the projected annual utility savings and production-based incentives. Once all these components have been considered, the NPV is calculated and divided by a discount rate. A typical non-residential solar installation has a high NPV over 25 to 30 years.

As a business owner, the benefits of solar energy are well worth the investment. The federal tax credit will not last long; after that, commercial systems installed after this date will only be eligible for a 10% tax credit. The benefits of solar energy for businesses include no upfront costs, an accelerated depreciation write-off, and the fact that solar energy systems will increase property values without increasing property taxes. For most commercial properties, a solar energy system will pay for itself in three to five years.