The Commercial Solar Landscape
In the mid-1990s, development of both, residential and commercial rooftop solar as well as utility-scale photovoltaic power stations, began to accelerate due to supply issues with oil and natural gas, global warming concerns, and the improving economic position of PV relative to other energy technologies.
A commercial solar system could provide your company with decades of clean, predictable, low-cost energy. We want to help your business save thousands of dollars on energy bills while demonstrating sustainability and corporate responsibility.
Commercial Industries Using Solar Energy
The following is a small list of some major corporations that are turning to solar power for their electricity needs:
- GM, Ford, Toyota
- Johnson & Johnson
Financially smart companies know that solar makes financial sense. If you don’t have solar on your building, let us help you run the numbers.
By offsetting or eliminating the need to purchase electricity from a utility company, a solar array will generate savings as soon as it is turned on. Coupled with long-term commercial financing programs which allow the energy savings to pay for the system costs, businesses that install a solar array can show a positive cash flow from Day One.
When the sun shines, the solar array produces energy which can be used by the building. Should the array produce more energy than the building consumes, the excess energy will flow back into the grid and the building will accrue credit with the utility. During times when the building consumes more energy than the array produces, the accumulated credits roll back, and the building gets back its energy at no or significantly reduced cost. The differences between consumption and production are recorded and summarized monthly on the building’s utility bill.
The Consolidated Appropriations Act, signed in December 2015, included several amendments to this credit which apply to solar technologies and PTC-eligible technologies. Notably, the expiration date for these technologies was extended, with a gradual step down of the credits between 2019 and 2022.
Our expert will help you decide which type of commercial solar installation is right for your business. Our professional solar project designers and engineers will examine your company’s facilities to determine what makes the most sense. SunRay Solar will manage and streamline the entire process, from the initial evaluation and financing to construction and maintenance, maximizing savings for your organization.