As more and more businesses look to reduce their carbon footprint and save money on their energy bills, commercial solar panel installations have become an increasingly popular option.
However, one of the biggest questions business owners have is how much it will cost to install these panels.
In this article, we’ll explore the costs associated with commercial solar panel installations, and what you can expect when working with Solar Sun Surfer.
The cost of a commercial solar panel installation will depend on several factors, including:
On average, commercial solar panel installations can cost anywhere from $2.50 to $4.50 per watt, depending on the factors listed above. For a 100 kW system, this could mean a total cost of anywhere from $250,000 to $450,000.
However, it’s important to note that there are several incentives and rebates available to businesses that install solar panels. These can significantly reduce the overall cost of installation, making it a more affordable option for many businesses.
The federal government offers a Business Energy Investment Tax Credit (ITC) that allows businesses to deduct up to 26% of the cost of their solar panel installation from their federal taxes.
This credit is set to decrease to 22% in 2023, so businesses that are considering solar panel installation should act soon to take advantage of this incentive.
In addition to the federal ITC, there are also state and local incentives and rebates available. These can vary depending on your location, but may include grants, tax credits, and other financial incentives that can significantly reduce the cost of installation.
At Solar Sun Surfer, we’re committed to making the solar panel installation process as easy and affordable as possible for our commercial clients. When you work with us, you can expect:
If you’re considering commercial solar panel installation, it’s important to understand the factors that can affect the cost and the incentives and rebates that can make it a more affordable option. By working with Solar Sun Surfer, you can be confident that you’re getting the best possible value for your investment.
Our team of experts will work with you every step of the way to ensure that your solar panel installation meets your energy needs and fits within your budget.
At Solar Sun Surfer, we’re committed to providing our clients with top-quality solar panel systems that are built to last. Our panels are designed to withstand even the harshest weather conditions and are backed by warranties that ensure your investment is protected.
In addition to our installation services, we also offer ongoing maintenance and support to ensure that your solar panel system continues to operate at peak efficiency.
Our team of experts is always available to answer your questions and provide you with the assistance you need to get the most out of your solar panel system.