Commercial solar panels typically appear as a series of arrays of solar panels. These then convert the sun’s energy into electricity. Commercial solar is used in a variety of different ways depending on the needs of the customer and the size and scope of their project. Commercial solar is used in various industries, ranging from local businesses to major corporations. Commercial solar is also used commonly for schools, universities, churches, nonprofits, governmental buildings, and facilities.
These arrays may take the shape of rooftops on large buildings or in natural open settings using ground mounts. Commercial solar panels are sturdy and require little maintenance. Typically, they have a lifespan lasting over 20 years.
In addition, commercial solar panels can be used to power industrial buildings, even in remote or off-grid locations. The commercial panels can even be used for preheating ventilation and water heating systems.
There are many benefits for businesses to install solar panels, such as tax incentives and write-offs. In addition, there are many financing options such as cash, loans, non-profit leasing, and Solar Service Agreements.
Commercial solar is an excellent option for so many different types of industries. Not only do the panels uncountably increase value to your building but it will also help your image as an environmentally conscious company.
Luckily, when organizations hire some of the industry’s best, they tend to see the cost-effective benefits to an even greater degree. Professional solar installation teams like Bright Home Energy will be able to work with your company’s needs to ensure the most cost-effective approach to your business’s energy expenses.
What Our Customers Say
Leslie C (Google Review)
"We Loved working with Bright Home energy. From Tanner who helped us understand the service, to Cris, Austin and Karen who answered our questions along the way."
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"Bright home energy is the solar company you need to go with! Their customer service is awesome, Austin was in constant communication with me the whole way."
Trustworthy Solar Installation
To ensure the best installation for your commercial solar panels, it is crucial that you find a company you can trust. Finding the best and most qualified professionals isn’t always easy, but fortunately, Bright Home Energy is one team that you can count on. Bright Home Energy hires installers who are experts in their craft and they are all W2 Bright Home Employees.
When it comes to high-quality solar installation, Bright Home Energy knows not just how to install the panels just right, but we can also help you make the best decisions for your commercial solar panels. We hold industry standard certifications through the North American Board of Certified Energy Practitioners (NABCEP). With our expertise, we can render the best solar installations service to help protect your net dollar.
Tax Credits & Commercial Buildings
While the specific tax incentives may vary across industries such as agricultural versus industrial, the incentives available can be advantageous to business owners.
One such incentive is the Arizona Corporate Non-Residential Solar and Wind Tax Credit. This incentive is a Corporate Tax Credit which may be applied towards corporate or personal income taxes. The maximum credit of $25,000 is for anyone building in the same year, with a total credit of $50,000 per business in any one year.
The tax credit is available to Agricultural, Commercial, Industrial, Nonprofit, Schools, Institutional entities, as well as Local, State, and Tribal Governments. There is no restriction on the size of the system; however, the program budget is $1 million annually.
Another such exemption is the Arizona Energy Equipment Property Tax Exemption. The exemption applies for 100% of the increased property value due to installing eligible energy systems. In addition, for property and assessment purposes, these systems are considered to have no value. This specific exemption applies to residential, commercial, and industrial solar.
Teaming up with the experts in solar here at Bright Home Energy can help you maximize your information on the many other exemptions you may qualify for.
Commercial Solar Options
When it comes to the two most common commercial solar financing options, they are cash and bank loans.
Typically, cash is the best financing option for companies that want to reap the benefits of solar incentives and accelerated depreciation. This year the ITC is at 26%. If you want to opt for financing – it’s necessary that you find your own financing options!!
A commercial solar energy system is an excellent addition to your business or non-profit. Luckily, the good people at Bright Home Energy can help get you started. So, whatever your business’s energy demands or goals for installing solar are, Bright Home Energy is here to help.