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Getting solar energy isn't just an environmentally conscious choice; it is also a smart financial move for businesses, whether you run a church, a restaurant, a warehouse, or any establishment with a roof.

5 major benefits of commercial solar:

• Higher Savings: Commercial electricity bills are typically at higher rates than residential bills. This means that the potential savings from solar power are even greater for businesses.

• 30% Tax Credit: Businesses can take advantage of the same 30% federal tax credit that residential customers enjoy, significantly reducing the upfront cost of solar installations.

• SRECs: In certain markets, including Washington, D.C., businesses can earn Solar Renewable Energy Credits (SRECs) by generating solar power. These credits can be sold for additional income.

• MACRS Depreciation: The Modified Accelerated Cost Recovery System (MACRS) allows businesses to write off 85% of their investment in solar assets. This depreciation can result in substantial tax savings.

• Grants: Depending on the location and business type, there may be additional grants and incentives available to further offset the cost of solar installations.

‍Why commercial solar in Washington, D.C.:

• FreeSolar Plus Program: For commercial properties in Washington, D.C., the FreeSolar Plus program provides an exceptional opportunity. Businesses can qualify to receive a solar system absolutely for free, helping them save on electricity bills and reduce their carbon footprint.

• High Electricity Costs: D.C. boasts higher commercial electricity rates, making solar energy an even more attractive investment. Businesses can achieve substantial savings by generating their electricity.

• Ideal Legislation: The city's favorable legislation, including strong support for clean energy initiatives and financial incentives, creates an ideal environment for businesses to embrace solar power.

• Environmental Impact: By adopting solar energy, businesses in the nation's capital can showcase their commitment to sustainability, which resonates positively with customers and partners.

Flexible financing options for commercial solar:

• Lease or Power Purchase Agreements: If you prefer not to purchase the system outright, you can opt for a lease or a power purchase agreement (PPA). These arrangements allow others to utilize incentives like tax credits, and you enjoy discounted electricity rates.

• Ownership and Financing: Alternatively, owning the solar asset provides businesses with full control, allowing them to benefit from depreciation, tax credits, and long-term energy savings.

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Conclusion:

Businesses have a great opportunity to make more money and support the environment by going solar. This is a good idea for all kinds of buildings, like churches, restaurants, and warehouses. Solar power can help you save a lot of money, thanks to benefits like federal tax breaks, SRECs, MACRS depreciation, and local grants. In Washington, D.C., the FreeSolar Plus program, along with supportive laws and high electricity prices, makes going solar even more attractive. Whether you decide to buy the solar system or lease it, investing in solar power is a wise and eco-friendly decision for businesses both in and outside of the capital.

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Do you have any questions, or are you ready to take the leap into commercial solar?
Call 202-922-5433 or click contact us today and let's brighten your future together!