Solar costs have fallen more than 80% since 2009! With a federal tax credit for solar set to decrease in 2019, the sooner you install solar the more savings you will find. The following resources make bringing solar energy to your business a breeze:
Scorecard Action Items
Potential Points: 90
Investigate onsite renewable energy options such as rooftop solar and solar power purchase agreements 20 Points
Purchase renewable energy for at least 30% of your business’ electricity usage 20 Points
Use onsite PV solar or solar thermal energy 50 Points
There are numerous benefits for commercial entities that install solar energy systems on their facilities. With electricity rates historically rising 5.5% per year, solar energy offsets future price hikes by lowering utility costs. The cost of installing solar energy has never been cheaper—federal and local incentives are making solar even more feasible for businesses. With the help of local solar experts, businesses in Charlottesville and Albemarle County are making the switch. 20 year savings for solar can be substantial for many businesses, ranging from $10,000-$30,000! Additionally, there is a 30% federal tax credit on the price of solar equipment, until 2020 when the tax credit drops to 26%.