What do YOU pay for electricity for your business?
Ever since you started your business, you’ve paid the electric company whatever they’re charging to ensure that your power is on when you need it most. Until recently, this has been the way the local business has been powered; moving along from energy bill to energy bill, hoping that what you are paying is the lowest you can possibly pay. But is this true?
Solar energy used to be an energy alternative that appealed to the hippie, non-conformist that believed in a greener, cleaner world. While this demographic has not given up on such an endeavor, solar has broadened its reach to the business owner that simply wants a lower electric bill. Through product development and recent incentives, solar now promises the business professional that it’s possible to completely eliminate their energy bill. Sure, there’s an initial investment, but every penny of that investment comes right back to the business owner.
What if, down the road, your answer was, “Nothing”?
At the end of the day, your business spends (x) amount of dollars every month on energy. If you haven’t made the switch to solar, then at the end of the year you get nothing back for the price you paid for energy. With solar energy, your business can take the money it spends on energy and put it towards an energy structure that, when paid for, will provide free energy for your business. Once the solar system is paid off, the free Redding sunshine becomes your energy provider.
Solar systems aren’t cheap, they’re just the cheapest they’ve ever been. These systems have been incentivized to create a sustainable energy solution in the US. While a solar system is going to cost your business between $50,000 and $80,000 (depending on the size system you need), 85% of your system’s price is depreciable.