Since 2008, Black Electric has been a focused provider of over 26 MW of Solar installation expertise. Since that time, we have developed dedicated teams throughout the country that execute on high level solar projects. Our team can walk you through the entire project from financial analysis, design, installation and service.
Understanding and analyzing a potential solar project requires professionals that can help you comprehend all the benefits and the return your company can realize. Besides the cost savings on your power needs, there are multiple incentives and rebates available for commercial solar installations. In addition to the 30 percent investment tax credit (ITC) that allows for the deduction of 30 percent of the cost of the solar energy system from federal taxes, commercial property owners can write off the value of their solar installation through the Modified Accelerated Cost Recovery System (MACRS). This incentive reduces businesses’ tax burden to speed up returns on solar investments.
Solar saves money
One of the best reasons to install a commercial or industrial solar panel system is the financial benefit. Offsetting some or all electricity use at a factory or small business with solar reduces electric bills from day one. Solar panel systems operate effectively for over 30 years, and once a business make back the upfront investment for their system, they can generate free electricity from their panel system for many years after.
Foster a sustainable brand image
Solar panels are a visible signal that the company installing them is committed to sustainability and a clean energy future. How companies and corporations are responding to environmental responsibility is an increasingly important issue; by taking action to support clean renewable energy companies can signal to potential customers that they care about more than just turning a profit. Installing solar is a great way to generate positive buzz with stakeholders and the local community.
Installing solar supports the local economy
Many of the highest quality solar panel installation companies are local businesses, and contracting with them for a large commercial installation increases demand for high-quality, local labor. Additionally, the money spent on installation goes right into the local economy.