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Inflation Reduction Act: Commercial Solar Incentives in Florida

Inflation Reduction Act: Commercial Solar Incentives in Florida

Introduction

The Inflation Reduction Act (IRA), enacted in August 2022, is a pivotal piece of legislation aimed at addressing inflation, healthcare costs, and climate change. For businesses in Florida and beyond, the IRA offers extensive incentives specifically designed for commercial solar installations. This report delves into the features, benefits, and future outlook of these commercial solar incentives, with a focus on how they can benefit commercial solar companies and contractors in Florida.

1. Overview of the Inflation Reduction Act

The Inflation Reduction Act is a comprehensive legislative effort to promote renewable energy, including commercial solar power. The Act is designed to incentivize the adoption of clean energy technologies, reduce carbon emissions, and create sustainable economic opportunities. For commercial solar companies in Florida, the IRA presents a unique opportunity to expand their offerings, increase customer satisfaction, and contribute to a greener economy.

2. Key Features of Commercial Solar Incentives Under the IRA

2.1 Investment Tax Credit (ITC)

The IRA extends the Investment Tax Credit (ITC) at a full 30% for commercial solar installations. This extension is a significant boon for commercial solar companies in Florida, providing a compelling financial incentive for businesses to invest in solar power.

  • Eligibility: The ITC is available for commercial solar installations across Florida, including rooftop systems, ground-mounted systems, and solar carports.
  • Bonus Credit: Additional credits are available for projects that meet specific labor standards or are located in low-income or energy-dependent communities. This can increase the ITC to 40-50%, offering even greater savings for businesses.
2.2 Production Tax Credit (PTC)

The IRA also reintroduces the Production Tax Credit (PTC) for solar energy projects, traditionally applied to wind energy. This allows commercial solar companies in Florida to offer customers an additional incentive based on the energy produced by their solar installations.

  • Rate: The PTC offers up to 2.75 cents per kilowatt-hour (kWh) for electricity generated, making it a valuable option for commercial solar projects.
  • Flexibility: Commercial solar contractors can help clients choose between the ITC and PTC to maximize their financial returns.
2.3 Direct Pay Option

The Direct Pay option under the IRA is a game-changer for non-profit organizations, government entities, and other tax-exempt entities in Florida. This feature allows these entities to receive the ITC or PTC as a direct cash payment, rather than a tax credit.

  • Eligibility: This is particularly beneficial for educational institutions, municipalities, and non-profits in Florida, making solar investments more accessible.
  • Benefit: Direct Pay provides immediate financial benefits, encouraging more widespread adoption of commercial solar installations.
2.4 Depreciation Benefits (MACRS)

The Modified Accelerated Cost Recovery System (MACRS) allows businesses to recover the cost of solar investments through accelerated depreciation. This is a significant advantage for commercial solar companies in Florida, as it enhances the financial viability of solar projects.

  • Bonus Depreciation: The IRA extends bonus depreciation, enabling businesses to deduct a substantial portion of the solar system’s cost in the first year, reducing their overall tax liability.
2.5 Energy Storage Incentives

The inclusion of energy storage systems as eligible for the ITC is a critical development under the IRA. For commercial solar companies in Florida, this opens new opportunities to offer comprehensive energy solutions.

  • Stand-Alone Storage: The ITC now covers stand-alone energy storage systems, allowing businesses to retrofit existing solar installations or add storage systems independently.
  • Financial Benefits: By combining energy storage with solar installations, businesses can optimize energy use, reduce peak demand charges, and improve energy resilience.

3. Benefits of Commercial Solar Incentives

3.1 Financial Savings and Return on Investment (ROI)

The IRA’s incentives substantially improve the ROI for commercial solar installations in Florida. The combination of ITC, PTC, Direct Pay, and MACRS helps reduce upfront costs and enhance long-term savings.

  • Lower Upfront Costs: Commercial solar contractors can offer more competitive pricing, making solar installations more attractive to Florida businesses.
  • Long-Term Savings: Businesses can achieve significant reductions in energy costs, providing a strong financial case for investing in commercial solar power.
3.2 Energy Independence and Resilience

By investing in commercial solar installations, Florida businesses can achieve greater energy independence and resilience. The IRA’s incentives make this transition more affordable and accessible.

  • Energy Resilience: Solar installations with integrated energy storage provide reliable power during grid outages, enhancing operational continuity for businesses.
  • Predictable Energy Costs: Solar power stabilizes energy costs, protecting businesses from volatile utility rates and fuel prices.
3.3 Environmental and Corporate Responsibility

Adopting solar energy aligns with corporate social responsibility (CSR) goals and demonstrates a commitment to sustainability. Commercial solar companies in Florida can help businesses reduce their carbon footprint and enhance their brand reputation.

  • Reduced Carbon Emissions: Solar energy contributes to significant reductions in greenhouse gas emissions, supporting Florida's environmental goals.
  • Enhanced CSR Profile: Businesses that adopt solar power can improve their public image and attract environmentally conscious customers.
3.4 Job Creation and Economic Growth

The expansion of commercial solar in Florida will drive job creation and economic growth. The IRA’s incentives will lead to increased demand for solar installations, boosting the local economy.

  • Job Creation: The growth of the solar industry in Florida will create jobs in installation, maintenance, and manufacturing.
  • Economic Development: Solar projects contribute to the economic vitality of communities across Florida, attracting investment and increasing tax revenue.

4. Outlook for Commercial Solar Under the IRA

4.1 Market Growth and Expansion

The IRA is expected to spur significant growth in Florida's commercial solar market. With strong incentives, more businesses will invest in solar installations, driving market expansion.

  • Increased Adoption: The financial appeal of solar energy will lead to widespread adoption across various industries in Florida.
  • Diverse Applications: Solar installations will become more common in sectors such as retail, manufacturing, and real estate.
4.2 Technological Advancements

The incentives for energy storage and innovative technologies will drive further advancements in the commercial solar sector. Florida businesses will benefit from more efficient and cost-effective solar solutions.

  • Improved Efficiency: Advances in solar panel technology and energy storage will enhance the performance of commercial solar systems.
  • Innovation: The IRA encourages the development of new technologies, such as smart grids and advanced inverters, further improving solar energy management.
4.3 Policy and Regulatory Support

The IRA represents a long-term commitment to renewable energy, providing a stable policy environment for commercial solar companies in Florida.

  • Stable Policy Environment: The extended ITC and PTC create a predictable environment for long-term solar investments.
  • State and Local Support: Florida's state and local governments are likely to introduce complementary incentives and programs, further promoting commercial solar adoption.
4.4 Challenges and Considerations

While the IRA provides substantial incentives, there are challenges that commercial solar companies and their clients must address.

  • Supply Chain Constraints: The rapid growth of the solar industry may strain supply chains, leading to potential delays and cost increases.
  • Financing Requirements: Despite incentives, financing remains a critical consideration for large-scale commercial solar projects. Businesses should explore diverse financing options.
  • Regulatory Compliance: Navigating the regulatory environment, including permitting and grid interconnection, is essential for successful project implementation.

Conclusion

The Inflation Reduction Act provides unprecedented opportunities for commercial solar companies in Florida. With comprehensive incentives, including the ITC, PTC, Direct Pay, and energy storage benefits, the IRA makes commercial solar installations more accessible, affordable, and attractive to businesses.

For those in Florida considering commercial solar installation, now is the time to act. The combination of financial savings, energy independence, and environmental benefits makes solar energy a smart investment for the future. With the support of the IRA, the outlook for commercial solar in Florida is bright, promising continued innovation, economic growth, and a sustainable energy future.

References

  1. Department of Energy - Inflation Reduction Act Overview
  2. Solar Energy Industries Association - ITC and PTC Details
  3. Internal Revenue Service - MACRS Depreciation Guide
  4. National Renewable Energy Laboratory - Commercial Solar Best Practices
  5. Environmental Protection Agency - Greenhouse Gas Emission Reductions
  6. Florida Solar Energy Industries Association - Florida Solar Market Insights
  7. Renewable Energy World - Energy Storage Incentives
Commercial Solar Company - 08/19/2024
How Does A Solar Panel Work

How Does A Solar Panel Work?—The Science Behind Solar Energy!

Understanding Solar Panel Technology for Businesses: A Comprehensive Guide

Solar panels are comprised of photovoltaic cells that transform the sun's energy into electricity. These photovoltaic cells are sandwiched between layers of semiconducting materials such as silicon, each possessing distinct electrical characteristics. When photons from the sun hit these layers, they generate an electric field. This phenomenon, known as the photoelectric effect, is responsible for generating the current required to produce electricity for businesses and commercial properties.

Commercial solar panels create a direct electric current. An inverter then converts this into alternating current (AC) that can either be supplied into the National Grid or utilized by the business or commercial solar installation to power operations.

The Science Behind Commercial Solar Energy

Solar PV panels consist of multiple photovoltaic cells made from semi-conductive materials like silicon. These cells convert sunlight into electricity, making solar energy an efficient and sustainable choice for commercial solar energy solutions.

The semiconductor in a solar PV cell absorbs sunlight, releasing electrons that are used to generate electricity. The electric field produced within the solar cells guides these electrons to the metal plates that line the cell. From there, cables carry the generated power to an inverter. Since solar panels generate direct current (DC), the inverter converts it to alternating current (AC) for commercial use.

Once converted, the AC power is distributed throughout the commercial solar power system, powering lights, appliances, and equipment. By integrating solar energy, businesses can achieve significant energy independence and reduce reliance on traditional power sources.

Materials Used in Commercial Solar Panels

The first generation of solar photovoltaic modules used crystalline silicon, a material that remains one of the most widely used in commercial solar panels today. Research on silicon continues to focus on improving efficiency and sustainability for commercial solar power systems.

Monocrystalline silicon offers superior efficiency compared to multicrystalline silicon, making it an ideal choice for businesses aiming to maximize solar energy production. Meanwhile, multicrystalline silicon is often used in lower-cost commercial solar energy systems.

Effects of Sun Exposure on Solar Panel Efficiency

A commercial solar installer understands that solar panels do not convert all sunlight into electricity. Design limitations impact how much sunlight is converted into usable energy. However, maximizing exposure to sunlight is critical for commercial solar power company installations.

Solar panels work by absorbing photons from sunlight, which vary in wavelength and intensity. The absorbed energy either generates electric current or is lost as heat. Maintaining optimal temperature and reducing recombination (when electrons and holes collide and cancel each other out) are key to ensuring the efficiency of commercial solar systems.

Installing Solar Panels for Commercial Use

Commercial solar installations begin with attaching mounting hardware, often with assistance from a licensed commercial contractor. The process involves securing solar panels to mounting structures on rooftops or in open spaces.

  1. Mounting the Solar Panels: The solar panels are fastened to the mounting structures using bolts and nuts. A commercial solar company ensures the installation is durable and long-lasting.
  2. Connecting Electrical Wires: Electrical cables are connected, typically using universal connections like MC4.
  3. Linking the Inverter: The solar panels are connected to an inverter, which converts the DC power generated by the panels into AC power.
  4. Final Connections: The inverter is connected to the building's electrical system, and the setup is completed by turning on the solar inverter.

Benefits of Commercial Solar Energy

Commercial solar energy offers numerous benefits to businesses:

  • Reduced Electricity Bills: Installing solar panels can lead to significant savings on energy costs.
  • Energy Independence: Businesses can generate their own power and reduce reliance on grid electricity.
  • Low Maintenance: Solar panels require minimal upkeep, and with proper installation by a commercial solar contractor, they can last over 30 years.
  • Environmentally Friendly: Solar energy is pollution-free and does not emit greenhouse gases.
  • Increased Property Value: Installing a commercial solar power system can boost the value of commercial properties.

Why Should Your Business Invest in Commercial Solar Energy?

One of the primary reasons businesses are turning to commercial solar energy is to reduce operating costs. Installing commercial solar panels allows businesses to generate their own energy, providing protection against rising electricity prices.

Moreover, the cost of commercial solar installation has decreased significantly over the past decade. With tax credits and incentives available, it's now more affordable for businesses to invest in solar solutions.

References:

  1. https://www.solarreviews.com/blog/commercial-solar-panels
  2. https://www.forbes.com/home-improvement/solar/benefits-of-commercial-solar-panels/
  3. https://www.cleanenergyauthority.com/solar-energy-news/commercial-solar-energy-benefits
  4. https://www.solarpowerworldonline.com/commercial-solar/
  5. https://www.nerdwallet.com/article/finance/commercial-solar-energy
Solar company Orlando - 07/06/2022
Does Going Solar Benefit the Public Health and Environment

Does Going Solar Benefit the Public Health and Environment?

Solar Power in Orlando: The Environmental and Economic Benefits of Going Solar

Solar power generation is a clean, renewable source of electricity with zero emissions. While most U.S. electricity is generated by burning fossil fuels like natural gas and coal, using renewable resources like solar energy in Orlando, wind, and hydropower eliminates the release of greenhouse gases and other air pollutants.

Solar energy is a clear winner when compared to the high cost and negative environmental impact of fossil fuel extraction and use. If we could harness all the sunlight striking the Earth for only one hour, we could provide enough energy to power the world for an entire year. By investing in solar panels in Orlando, you're helping the world transition from fossil fuels to one of the most reliable and sustainable energy sources available.

How Solar Energy Helps Reduce Air Pollution in Florida

The widespread acceptance of solar energy in Florida is well known, but its precise environmental and public health benefits are sometimes overlooked. Here’s a quick rundown of how solar power in Orlando can help cut down on air pollution.

Reducing Carbon Dioxide Emissions

Carbon dioxide (CO2) in the atmosphere plays a significant role in global warming. It remains in the atmosphere for decades, reflecting heat back toward the Earth, which contributes to climate change and poses serious health risks. By switching to solar energy in Orlando, you can help reduce carbon dioxide emissions and mitigate these dangers.

Solar power generation eliminates the need for fossil fuels, helping phase out coal and oil, two of the biggest offenders in CO2 emissions.

Lower Methane Emissions

Although carbon dioxide is the primary contributor to global warming, methane is also a significant greenhouse gas. Methane has a shorter atmospheric lifespan than CO2 but is 25 times more effective at trapping heat. Methane is released during natural gas extraction and combustion.

Switching to solar energy in Orlando helps reduce methane emissions by reducing reliance on natural gas and other fossil fuels.

Reducing Air Pollution

The World Health Organization (WHO) reports that outdoor air pollution causes 4.2 million premature deaths annually. Burning fossil fuels like oil and coal contributes significantly to this problem. Solar panels in Florida generate clean energy without emitting harmful pollutants like sulfur dioxide and particulate matter.

Unlike fossil fuels, solar panels do not release carcinogenic compounds into the air, making them a healthier and cleaner energy option for Orlando residents.

Solar Power Helps Preserve the Ground and Water Resources in Florida

Reducing Ground Pollution

The extraction and burning of fossil fuels cause significant environmental damage, including ground pollution. Solar energy, on the other hand, does not contribute to oil spills or habitat destruction. While solar panels contain materials that may pose a minor risk to the ground, their long lifespan (25 years or more) minimizes this risk. Solar installation in Orlando is a safe and eco-friendly choice.

Preserving Water Resources

While hydropower is another renewable energy source, it relies on rivers and natural bodies of water, potentially harming ecosystems and limiting water availability. Solar energy in Orlando has no such impact on water resources. Solar panels do not require water for electricity generation, and rainwater is sufficient for cleaning the panels.

Reducing Transmission Losses with Solar Energy

Fossil fuel power plants are often located far from residential areas, requiring long transmission lines to deliver electricity. This results in energy loss and increased fuel consumption. Solar panels in Orlando generate electricity locally, reducing the need for long-distance transmission and minimizing energy waste.

Any surplus energy generated by your solar power system can be stored in batteries for use during outages or at night, further reducing your reliance on fossil fuels.

Why You Need a Solar Power Consultant in Orlando

The environmental and economic benefits of solar energy in Orlando make it an attractive option for homeowners and businesses. Solar panels do not emit greenhouse gases, do not pollute the air or water, and significantly reduce your carbon footprint.

To learn more about the benefits of solar power and how to get started, contact Orlando’s top solar company, Emerald Sun Energy. Our expert consultants will help you design the perfect system for your home or business. Call us today at (407) 504-0922 or fill out our online form to get started on your solar journey.

References:

  1. https://www.epa.gov/ghgemissions/sources-greenhouse-gas-emissions
  2. https://www.floridapsc.com/ConsumerAssistance/ElectricGas/SolarEnergy
  3. https://www.cleanenergyauthority.com/solar-energy-news/solar-power-benefits
  4. https://www.solarreviews.com/blog/solar-environmental-benefits
Solar Contractor - 05/12/2022
Grid-Tied Vs. Hybrid Vs. Off-Grid Solar

Grid-Tied Vs. Hybrid Vs. Off-Grid Solar: Which One Is Best For You?

With the rise in the demand for solar power panels, it has become of utmost necessity that homeowners realize the different kinds of panels based on which they can capitalize on the benefits. But first, let’s shed some light on what a solar power panel is. A solar panel is a photovoltaic sheet installed on the roof of a house or a place where it receives enough sunlight to convert it into solar energy.

Generators are attached to these solar panels that convert the produced solar power into consumable power wattage. The electric current obtained from the generator then becomes the power source for a household, so most American homes have solar panels.

Given their huge demand and the economic benefits, solar panels have become a customarily found aspect in residential places and extensive industries. Shifting to solar energy is a much-needed step to convey to everyone that they must embrace renewable energy sources. Not only does it help you economically, but it also reduces the carbon footprints of our society, thus reshaping our environment for a better future.

What Is Grid-Tied Solar?

As the name suggests, such a solar panel comes attached with a power grid that has a multi-purpose role, such as: 

  • Aiding the solar panel to generate a usable alternating current that powers your property.
  • Omit the excess generated energy for net metering or save it for later usage. 

People often wonder why a solar panel is getting run by its own generated power. It is because grid-tied solar panels are attached to an inverter that firstly provides all the required energy, and subsequently, the excess power is stored in the attached grid. That makes it a solar bank for future usage, especially when your solar panels are not producing energy. Grid-tied solar panels are effective for both day and night, where your house gets the required energy from the grid again. 

Benefits of Grid-Tied Solar

After discussing the basic functionality of a grid-tied solar panel, let’s deep dive into some of the major benefits that homeowners enjoy with grid-tied solars - 

  • Cost-saving - If you were to visit a solar consultant, they would recommend you to buy a grid-tied solar panel because it is economical and efficient at the same time. The panel requires no additional batteries and offers net metering with a workaround to power your property, even when there is no sun. 
  • Virtual battery pack - As we know that the grid stores the excess produced solar energy, it becomes a battery pack in an event when the solar panel isn’t able to produce power. You can still get power via the grid, and nothing goes in vain.

What Is Hybrid Solar?

Next up is the second kind of solar panel, a combination of off-grid and on-grid solar panels that use heavy batteries and power inverters to store electricity for future usage. These batteries function similarly to a UPS system in a power blackout. With a hybrid solar, photovoltaic energy and thermal solar energy are put to use simultaneously, thus making it an effective choice to capitalize on the benefits offered individually by photovoltaic and thermal solar panels.

It is not economical and impossible for a solar panel to function throughout the day. Therefore, you must have enough battery backup, especially at night, to power your premises. In addition, this hybrid model also offers you to remain connected to the power grid, so you never run out of power. Moreover, homeowners relying on hybrid solar panels can sell away the additional electricity produced to their respective electricity board committees. 

Benefits of Hybrid Solar 

  • The first and foremost benefit that a hybrid solar panel gives is the ability not to lose power at any point in time. Hybrid solars provide constant power backup to homeowners, even when the panels are not converting direct sunlight into electricity. 
  • Since these panels do not involve additional fuels, it maneuvers as an economical solution to solar panels. 
  • Again, as hybrid solar panels have power batteries with them, they proficiently utilize solar radiation and constantly work to produce and store solar energy. It allows you to utilize solar energy even when the weather is overcast. 

What is Off-grid Solar?

Unlike the grid-tied solars, off-grid solar panels function independently of the electricity grid and help the homeowners avoid issues like constant power outages and high installation costs. And ever since people have understood the significance of keeping the environment clean, off-grid solar panels have been in demand. Let’s explore a few primary benefits that these solar panels offer - 

  • Avoiding power interruptions is the key benefit while using an off-grid solar. Even though the outage could last for a minute or two, it becomes incredibly frustrating when it happens. Thus, to avoid it, off-grid solar panels can be effectively used and escape the trap of waiting for power backup to come. 
  • The installation procedure of an off-grid solar panel is quite simple and convenient, especially when setting up the grid if not involved. 

Which one is better?

Solar power consumption varies for each household, and therefore what kind of solar panel is required must be considered wisely. Based on your house’s monthly energy consumption and weather conditions in your region, with the help of a professional, you must choose a perfect solar solution for your home!

Conclusion

Emerald Sun Energy offers extremely efficient and reliable solar solutions at affordable prices. Our solar experts have helped many homeowners across Orlando find an appropriate solar panel for their premises. With a seamless installation process and a low-cost system, we strive to walk together on the path of utilizing renewable energy. To know more details or book an on-site inspection, schedule a callback from our team. Talk to the experts at Emerald Sun Energy today!

Commercial Solar Company - 05/10/2022
How Can Solar Panels Thrive In Winters_

How Can Solar Panels Thrive In Winters?

Being a continuous, clean, and free source of electricity that is renewable at no cost, solar power is one of the greatest investments one can think of. It not only is great in producing limitless electricity supply but one could also use it for small scale as well as large scale purposes. 

You may find most households that have manageable solar panels installed on their rooftops as they are a secure investment that is worthy enough to be with you for years to come. Since solar panels are usually considered a one-time investment, it is undoubtedly correct that they have to put up with different types of weather conditions. Be it scorching summers or chilly winters, or even snowfall - your solar panels will have to experience such circumstances come what may.

Let It Snow, Your Panels Will Work 

If you’re in Orlando and have a solar consultant, you may know how your solar panels function in snowy weather conditions. Your solar consultant might probably have educated you about the pros and cons of heavy snowfall on the solar panel sheets - whether or not they remain capable of absorbing sunlight to generate electricity. Although one may think that solar panels generally work efficiently during the summertime, in reality, solar photovoltaic panels possess the potential to absorb heat during all four seasons. Even if it is snowing, the solar panels installed at your house’s rooftop would effectively run to generate optimum electricity supply.

Do Solar Panels Work In The Snow? 

Yes! Even though the temperature goes low, the solar panels will continue to convert the available amount of sunlight into consumable power. However, it may be obvious that you will experience a lower supply output than you get in the summertime because of the fact that heavy snowfall and winds can create a sheet of snow on the solar panel sheets. Such thick frost does not allow the solar panels to absorb as much sunlight as they are capable of, and therefore, you get a lower power supply. 

How can I keep my Solar panels safe during winters? 

Safeguarding your solar panels from extreme freezing weather conditions is significant when you need the complete system to keep going for some more years, so it would be essential to take great care of it. In order to keep them safe, make sure to follow this guide: 

  1. First, make sure that the tilt angle of solar panels is against the snow angle so much of the snow does not accumulate on the panel surface.

  2. Make an effort to offload your power supply, and promote optimum usage of electricity during the wintertime. It also includes limiting the ghost load which generally happens due to plug-ins, for instance, you leave the television turned on without anyone watching it.

  3. Switch to lighter, power-efficient light bulbs and replace the high-consuming lighting systems to make sure you consume limited or required power.

  4. Keep an eye on the battery performance of your solar power generator and make sure to not let its temperature fall drastically.

  5. Use a digital thermostat to maintain the average heating temperature of the home for better insulation.

Additionally, follow these points by heart to keep your solar power panels in workable conditions for a longer period:

    • Use a roof rake - Roof rakes are pretty efficient in clearing off stuff from rooftops, especially if they are positioned on a tilt angle. You can get a longer roof rake to clear the thick sheet of snow, or leave off your rooftop and stimulate them to work properly. It is always a good idea to manually shed the settled snow from the rooftop to avoid damage caused by ice dams.

    • Remove the snow every 2-3 days - It is suggested to put a lot of effort into the regular cleaning routine of your rooftops to make sure that ice dams do not prevent solar panels from functioning efficiently. Frequently removing the snow from the roofs is surprisingly easy as it is fresh snow and might not have settled, so it would be quite simple to rake it.

    • Blow warm air at your solar panels - Doing so will allow the stuck snow particles to come off and one can conveniently clean the solar panel surface. Such services are generally rendered by companies that offer solar consulting in Orlando. You can enlist experts to effectively blow warm air at your solar panel surfaces, even get them cleaned consistently.

    • Spray your solar panel with a hose - A water hose can surely be used to remove the dust, light snow, leaves, and other debris off your solar panels. The high-pressured product is beneficial especially when you’re washing the solar panels after a fresh snowfall. The pressure of the hose discharges the water with immense pressure, so it is important you carefully use it to spray your solar panels.

    • Use Solar Consulting for keeping them safer - Solar consulting in Orlando allows you to get insights about how to keep your solar panels in working condition for years, or how to operate them in heavy snowfalls, etc. Expert guidance is beneficial to get the guaranteed repair, replacement, and maintenance services and claim the in-warranty benefits from the product company. 

Takeaway…

Solar consulting made easy- thanks to Emerald Sun Energy, your one-stop solution to solar power panels. We provide guaranteed solar power panel services to our customers who aspire to switch to renewable sources of energy and want to contribute to Mother Earth. Our budget-friendly and convenient on-site service requests make us one of the best platforms to provide assistance in the solar journey. Contact our experts today and book an on-site visit so we can evaluate the required solar panel space your premise needs. Or request a callback from our website!

Solar Contractor - 02/03/2022

Commercial Solar Incentives makes Solar a great choice for businesses

The solar industry seems extremely focused on educating the residential homeowner on the benefits of switching to Solar Energy. Which by all means is a critically important segment of the solar industry and does need the education and attention. However, this should not be at the expense of the commercial market which in its own rights is an incredibly important segment of the solar industry.

653kw-commercial-solar-272x182

Comercial Solar Orlando
Solar Energy Orlando
Solar Power Orlando

The Commercial Solar Market in Orlando has an incredible opportunity to secure a return on investment even over a residential home. This is because they have additional incentives that they can implement over the residential market.

There is two main incentive for commercial solar customers.  The first one is the same for commercial customers as well as it is for residential customers and that’s the 30% federal tax credit.  However, with businesses they are almost always able to take advantage of the tax credit where the residential market sometimes needs to utilize it over a multiple year period.  Where businesses are able to utilize it within the first year.

The second main incentive really supercharges the investment portions of this opportunity. For businesses, they are able to depreciate the equipment over a 5 year period which gives them the equivalent of an additional 30% discount. That means the potential net system cost for a commercial solar panel system would be 40%.

With a payback period of fewer than 5 years and attractive financing options available, all commercial solar customers energy expense is less than what they pay the power company. In addition to that, an smart business is always looking for ways to decrease their expenses or increase their profitability. Solar does exactly this because it converts a variable/fixed expenses into a profitable asset.

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Solar Power Installation for Commercial businesses

A couple of things to consider for Commercial Solar Customers is that the 30% Federal Tax Credit is due to expire at the end of 2019.  That means for the next couple of years will be the golden age of buying solar panels.  The other thing to consider is understanding what you need to do to get the best solar panel system for your money.  Many solar companies use a laundry list of tricks to sell their products but knowing the difference is critical to getting the return on investment.  To get a better understanding you need to read The Secret Guide To Buying Solar.  This guide will give you all of the information to protect yourself from dishonest contractors.

Emerald Sun Energy is an Orlando Solar Energy Company servicing all of Central Florida.  They Specialize in Residential and Commercial Solar Installations.  They have been featured in Solar Industry Magazine as well as SolarPro Magazine as a best practice solar installer who protects the rights of their customers.

Commercial Solar Company - 10/13/2017

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