For businesses interested in going green, installing solar panels is the obvious energy choice. Many business owners don’t realize that commercial solar power offers just as many benefits to a business as it does to the environment. By installing solar panels to power your commercial facilities, you can take advantage of eco-friendly branding opportunities, lower your utility costs, and achieve greater consistency and transparency in your energy bills.
Speak with your local solar specialist
Every business has different energy needs and a unique budget. That’s why Bright Eye Solar allows business owners interested in reducing their company’s dependence on traditional energy sources and being protected against rising electricity costs to choose the right payment model for them.
Own your solar panels and equipment when you purchase your business’s solar energy system outright.
Also known as a PPA, this financing option offers the advantages of a fixed rate and no initial expense.
Leasing solar equipment is a low-commitment way to try solar energy before making the switch.
When you purchase a commercial solar system with cash upfront, you get to enjoy complete ownership of your business’s energy production. Your solar panels and equipment are yours to keep. This is the most straightforward way to go about switching to solar.
With a power purchase agreement, you can have solar panels installed to power your facilities, but your company won’t own the solar panels. Instead, you will pay a fixed amount every month for the energy you use. This is the commercial solar financing option that is most similar to paying a traditional electric company, with the primary differences being the source of the energy and a lack of variability in your monthly expense.
Commercial solar leasing is an attractive opportunity for businesses of any size to start taking advantage of the monthly utility and year-end tax savings offered by solar power. Bright Eye Solar offers lease terms of up to seven years and offers the flexibility for you to decide what lease terms are right for your business.
UNSURE WHICH FINANCING OPTION IS RIGHT FOR YOU?SPEAK WITH AN EXPERT
At Bright Eye Solar, we believe that clean, renewable energy should be available to everyone. We work with all of our customers to determine their eligibility for commercial solar financing assistance programs at the federal, state, and local levels. Our solar specialists will even guide you through the application process step-by-step.
The ITC grants business owners who purchase solar panel systems a 30% tax credit. This means that when you file your taxes, you’ll receive 30% of the cost of your solar energy system back.
If your solar panels produce excess energy, you can earn net metering credits. Electricity companies will buy these credits back from you, effectively lowering your utility bill even further.
Explore our blog to learn more about what switching to commercial solar entails.
Interested in making the switch to commercial solar? Complete the form below to schedule a consultation with one of our solar energy specialists.