Although the solar industry is constantly evolving, the benefits for business and property owners have stayed relatively the same. Explore them below and contact us to learn how solar can impact your bottom line.
1. Invest with no money down
From a rooftop lease to a Power Purchase Agreement, many solar financing options do not require any out-of-pocket costs. Alternatively, those who do choose to own their systems can generally expect to see a return on investment within five years of the system’s installation, at which point it will begin generating additional revenue for their business. If you have found yourself wondering “what is a power purchase agreement?”, check out this page explaining the entire process: Power Purchase Agreement for Solar Energy.
2. Reduce your operating costs
For many businesses, electricity costs are a necessary but excessively high expense. Solar energy is a great way for your business to help the environment and save money. Costs of electricity are at an all-time high and will only continue to increase in the coming years. Another benefit of solar energy for business is that it allows you to take advantage of the Federal Investment Tax Credit if you own your solar array.
3. Reach and exceed your sustainability goals
By being on the forefront of the environmental movement, businesses can become leaders in adopting and maintaining their sustainability goals. Bringing solar energy into your business plan will not only impact your bottom line, but it will also reduce your carbon footprint and instead leave behind a transformative legacy.
4. See benefit for decades to come
When considering solar, many business owners wonder how long solar panels last. Solar arrays are built to serve your business’s evolving and growing needs for decades; systems are generally warrantied for the first 25 years of use but are made to have 35 years of useful life. This means that once your system has been installed, you can set it and forget it. The solar array will continue to produce clean energy on otherwise unused space for decades.
5. Verogy will do all the leg work so you can enjoy your clean energy burden free
With hundreds of installations completed throughout the team’s time in the industry, we have the knowledge and experience to create the solar solution that is best for you. We understand that internal resources are always limited – so our goal is to do all the hard work, from engineering, permitting, incentive applications, and financing through construction and energization.