Energizing the economy, one business at a time
At Eco-NRGY Solutions LLC., we’re dedicated to assisting businesses in cutting energy costs through solar and energy storage solutions. By leveraging current tax incentives and the benefits of accelerated depreciation, we can show how this can dramatically cut your net costs of aquisition by up to 50%. Additionally, our reliable energy storage systems ensure peace of mind during power outages, keeping your business running smoothly even when the grid goes down.
Based on data from E-Source, a research firm collaborating with major utility companies across North America, these reflect the typical annual electricity consumption for different types of warehouses.
Refrigerated Warehouse
24.9
kWh/Sq Ft
Non-Refrigerated Warehouse
6.1
kWh/Sq Ft
Commercial Financial Justification Model
Based on data from the U.S. Energy Information Administration (EIA), today's average commercial electricity rate is 12.91 cents per kilowatt hour (kWh). Over the past two decades, this rate has steadily increased at an average annual rate of 3%.
Enter your Utility Rate
(cents per kWh)
Enter Square Footage of Warehouse/Commercial Property
Type of Warehouse/Commercial Building
Estimated Savings over 25 Years
with Solar
without Solar
Blended Utility Rate over 25 Years
(in Cents)
Disclaimer: The information here relies on solar calculations specific to a particular geographic location. The results consider factors such as the Investment Tax Credit and Modified Adjusted Cost Recovery System (set by the Federal government). Utility rates are projected to increase by 3% per year. However, actual outcomes may vary based on location, energy requirements, tax regulations, peak energy charges, and other relevant considerations.
25 Year Return on Investment
FREQUENTLY ASKED QUESTIONS
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Why should my company invest in commercial solar?Commercial solar offers environmental benefits (reducing emissions) and financial advantages (offsetting electricity costs). Incentives and programs are available to make it a lucrative investment.
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What incentives are there for commercial solar?Various incentives, such as the Federal Tax Credit (ITC), can help offset installation costs and improve the return on investment for commercial solar systems.
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What size solar energy system will my company require?The system size depends on energy consumption, available roof space, and budget. Consult with one of Eco-NRGY Solution's Energy Advocates to determine the optimal size for your business.
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Will solar power save me money?The short answer is yes. Solar energy is indeed a wise long-term investment. When you decide to install a solar system, you’re essentially pre-paying your future electricity expenses upfront. Over the next 20 to 30 years, you’ll enjoy the benefits of substantially reducing or even eliminating your electric bill. Solar energy provides a shield against the worry of escalating utility costs.
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What warranties and guarantees do you offer?We provide comprehensive warranties for both equipment and workmanship. It’s crucial to understand the coverage and duration to protect your investment.
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What financing options are available?We offer various financing options, including purchase, lease, or power purchase agreements (PPAs). Let’s discuss which option aligns best with your needs and budget.
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What is the payback period for a commercial solar investment?Payback periods vary based on system size, location, and energy savings. On average, commercial solar systems pay for themselves within 7 to 10 years.
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How can solar energy financially benefit my business?By using solar energy instead of grid electricity, you can significantly reduce electricity bills. Solar systems generate long-term savings and make your business more competitive.
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How will depreciation impact my commercial solar investment?Modified Accelerated Cost Recovery System (MACRS) is a tax depreciation system that allows businesses to recover the cost of qualifying assets (like solar panels) over a specified period. For solar energy systems, MACRS typically provides for accelerated depreciation, resulting in larger deductions in the early years of ownership. Consult your tax advisor to understand how MACRS applies to your solar investment.
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Is it worth investing in solar panels for my business?Absolutely! The financial and environmental benefits make commercial solar a smart investment. Plus, it shields your business from rising electricity rates.