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As a business owner, you know how difficult it can be to manage expenses. With utility costs constantly rising in New York and New Jersey, many businesses have turned to solar to help reduce their monthly electric bill. You too can fight back against rising energy costs and possibly add to your business profits by switching to solar energy.

The decision to install solar panels on your business can require a large financial investment. However, solar panels are extremely durable and long-lasting, and setting up a solar power system for your business can ultimately lead to tremendous payoffs over time. The solar panel installation process is also convenient, and can be completed in as little as one day.


Investment Tax Credit

You may have concerns over the upfront costs of a commercial solar system. Fortunately, you can take advantage of rebates from the government and local utilities, as well as the Solar Investment Tax Credit, which allows you to deduct this credit directly from your business’ income taxes. Once your system is up and running, your return on investment will quickly add up by taking advantage of deducting a yearly depreciation expense from your taxes for your system.

Reduced Utility Bills

Let’s not forget the main reason many business owners like yourself are making the switch to solar energy – reduced utility bills. Switching to solar energy means no more surprise rate increases, thus protecting your bottom line from the volatility of energy costs. This allows you to have a better picture of your yearly expenses for future planning.

Low Maintenance Costs

After installation, there are minimal costs associated with maintaining your solar system. The systems have very few moving parts and most solar panels outlast the warranty, keeping you and your business protected from any performance problems.

Extra Income

An added bonus of switching to solar is that your regional utility may have a community solar program. This is now additional revenue that is pure profit once the cost of your solar system has been paid off.

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