Commercial Solar Systems
Workplaces are opting for commercial solar solutions at an astonishing rate as these systems’ prices continue to fall and the demand for alternative power sources increases. Tampa Bay Solar can help reduce your commercial electric use anywhere from 50% to 90% or even more, depending on the size of your commercial solar power system and sun exposure. Solar panels on your building’s rooftop can save your company thousands of dollars yearly. Imagine producing solar electrical power to run your office equipment, computers, factory, or even walk-in refrigerated units.
Commercial Solar Tax Incentives
Following the signing of the Inflation Reduction Act into law in August 2022, commercial businesses can save more than ever when switching to low-cost and renewable solar power. The bill includes updates to the Solar Investment Tax Credit (ITC), offering a 30% federal tax credit on the total cost of installing a solar array between 2022-2032. This credit helps lower operating costs and protects business owners from volatile and increasing electricity prices.
Tampa Bay Solar’s Commercial Solar Expertise
In addition to the tax incentives for commercial solar projects, Tampa Bay Solar commercial customers can also benefit from our vast and specialized expertise that surpasses the bounds of the solar power industry. Our founder, Steve, has diverse experience, from building his own electric car(s) from scratch to powering remote areas worldwide. In fact, there isn’t much that we don’t know when it comes to solar power and there isn’t one obstacle that has stopped Tampa Bay Solar from reaching our goal of satisfying our customers. We do it one rooftop at a time and will keep doing it until there isn’t a commercial rooftop left without solar panels!
Benefits of Commercial Solar Installation
Getting renewable energy through a commercial solar system benefits your bottom line, provides long-term stability, and is a helpful marketing point for your business.
- Great ROI for commercial solar panel systems.
- Stabilize your power costs and shield from increasing electricity rates.
- Once the system is paid off, all energy is free – and with net metering, you can sell your unused energy to your electric utility company.
- Show your customers that you care about our planet by including your choice to go solar in your marketing materials and messaging.
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Commercial Solar Panels
With power rates expected to climb 27% over the next seven years, now is the time to act. Start saving more than just money; your project will employ local workers, many of whom are Veterans that are trained and skilled solar system installers.
Commercial Solar Contractor
It takes dedication to work on Tampa rooftops all day long, not to mention the dangers of working with electrical wiring. That’s why Tampa Bay Solar ensures that only the best-trained installation crews work on your business.
What incentives do I have to install a commercial solar system?
The Inflation Reduction Act secured a 30% federal tax credit on the total cost of installing a commercial system between 2022-2032. Other commercial business incentives include the Business Energy Investment Tax Credit (ITC) and other local rebate programs. Net metering programs are also available, which allow you to sell unused solar energy back to your electric company.
Is commercial solar worth it?
While there is a high up-front cost for commercial solar panel systems, this can be mitigated by financing the system or taking advantage of the 30% tax credit. Beyond this, the benefits associated with reduced or eliminated energy costs, lower carbon emissions, and improved business resilience make choosing commercial solar power systems worth the investment.