Reduced Operating Expenses, Reduced Carbon Footprint
The rising cost of energy has had a profound impact on the California business community. Electricity rates, for example, have risen an average of more than 5 percent per year (compounded) for the past 40 years – far faster than inflation. But with improving efficiencies, lower system costs and financial incentives in the form of rebates and tax incentives, the shift to renewable energy is driving across all marketplaces. Clean solar energy for electricity and hot water is more affordable than ever, and it’s a smart investment for California businesses.
In addition to expert solar engineering and installation services, Sun Light & Power helps our clients tap into government incentives that are available to businesses that invest in clean energy. The federal government offers generous tax incentives in the form of a 30 percent Investment Tax Credit (ITC) along with Modified Accelerated Recovery System (MACRS) depreciation on the cost of solar installations. Various state and local programs exist that may provide additional rebates and incentives. Sun Light & Power will help you understand the incentives that are available to your business, and help you select the most advantageous solution given your specific circumstances and energy needs. If your company or organization cannot take advantage of the tax benefits, we can bring in a financing partner who can. See our financing page for more information.