· Superior returns- An average return-on-investment (ROI) of 4-6 years on equipment that is warrantied to produce power for more than 25 years.
· Powerful hedge - Solar electricity can act as a hedge against not only the rising cost of electricity, but as a fixed asset it is also a hedge against inflation.
· Federal Tax Credit - A federal tax credit of 30% expires at the end of 2032. 30% is a significant offset of the upfront cost of a solar system.
· Accelerated Depreciation schedule – Under the Modified Accelerated Cost Recovery System (MACRS), solar systems can be depreciated/deducted for the full cost of the system over a 6 year schedule.
· Reliable backup power - Battery backup systems can power your operations during power outages and provide energy independence.
· Carbon offsets- Solar is a well known and quantifiable offset of carbon emissions. You can lock in monthly carbon offsets with your own locally generated solar power and have access to a new line of marketing or promotion for your business.
· Solar panels can lower a roof’s temperature by 5 degrees Fahrenheit, or about 3 degrees Celsius. This can significantly reduce cooling costs over the life of the solar system.