Is Solar Worth it for My Business?

As a business owner, rising energy costs and operational expenses likely dominate your concerns. With grid electricity rates increasing by 16% year-over-year and an average annual increase of 3.5% over two decades, the financial strain of traditional power is evident. Solar energy offers a compelling alternative, allowing businesses to lock in lower energy costs for 25+ years—often at rates as low as 7 cents per kWh compared to the grid’s 16.7 cents per kWh​.

Beyond cost savings, solar installations provide access to federal and state incentives. The Solar Investment Tax Credit (ITC) enables you to deduct 30% of installation costs from your taxes, with an additional 10% available if domestic materials are used. Accelerated depreciation through MACRS further increases savings, allowing recovery of system costs over five years. Additionally, Solar Renewable Energy Credits (SRECs) generate revenue, as utilities purchase credits to meet renewable energy standards. Net metering adds another layer of savings by crediting your account for any excess energy your system generates, which is sent back to the grid​.

For businesses adopting solar through Power Purchase Agreements (PPAs), the upfront cost is eliminated. Instead, you pay for electricity at a reduced rate, achieving immediate savings. Ownership models amplify benefits, including tax incentives and direct control over energy production, further enhancing ROI​.

Why choose Green Energy Construction and Consulting (GECC)? Our expertise in commercial solar spans years of tailoring energy solutions for businesses like yours. We assess factors like energy usage, roof conditions, and financing options to craft customized proposals. Unlike large, impersonal companies, GECC focuses on building long-term partnerships, ensuring every project aligns with your goals and maximizes ROI. From consultation to permitting, installation, and system maintenance, we offer a seamless, transparent process.

Solar isn’t just an energy solution—it’s a strategic investment in sustainability, energy independence, and your bottom line. Contact us today for a complimentary evaluation to determine if solar is right for your business. Let’s reduce costs, leverage incentives, and power your business with clean, reliable energy.

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Len Biko is the founder and CEO of Green Energy Construction & Consulting. Len has over 20 years of experience in the solar and renewable energy contracting sector.

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