Hedge against rising energy costs
A solar energy system can greatly reduce or even eliminate your company’s exposure to rising commercial electricity rates and unfavorable utility rate structures. Many utilities are implementing time of use (TOU) and tiered rate structures, which can be extremely costly if your business’ energy use is a significant portion of your overhead or your business or commercial building uses a good deal of electricity. You can cut business energy costs with solar energy whether you purchase the system outright or finance it. Investment in solar energy is equivalent to pre-paying for your electricity at a fraction of current utility rates and allows you to lock in a favorable electricity rate for many years to come.
Installing a solar energy system on your commercial building or site will allow you to turn your variable electricity costs into a fixed cost on your balance sheet and reduce your long-term operating expenses. Favorable tax treatment and depreciation schedule can reduce further improve your balance sheet