The cost of a solar electric system can vary significantly depending on the amount of power required. Industrial facilities will require systems of a different scale than a small retail business. A small office may only require a $15,000 system, while an industrial facility may require a $200-500k system.
Contact us to find out what kind of system is right for your building
A solar power system on your building is a long term, low risk, and high return way to invest your money. Solar offers an initial annual return on investment of 5-11%. This is very competitive with other higher risk investments such as stocks and bonds. As utility rates increase the annual return increases.
Solar power can reduce or eliminate your electric bill. In addition, any excess solar power can be fed into the utility grid resulting in a credit with the utility company. Some businesses may be able to take advantage of time-of-use metering. This will allow you to feed power into the grid during peak times (when power is most expensive), and draw power from the grid during off peak times (when power cheaper).
A significant portion of the cost is paid for through government incentives.
