There are Real Advantages to Using Solar Energy on a Commercial Roof
Solar energy will reduce operating costs, decrease your carbon footprint, and lock-in energy costs for the future. When installing a solar panel system, a business can expect tax breaks like savings on energy bills and a net cost much lower than the initial investment. The savings on utility bills will be permanent which makes solar a valuable investment, and in business, an investment is only a good one if it pays off in the long run.
Texas-based commercial property owners have some great resources available to them. One of those resources is the PACE (Property Assessed Clean Energy) Program. This program encourages commercial property owners to move forward in solar energy. According to Lone Star Pace, “Pace remedies the challenge of delayed maintenance by allowing efficiency retrofits to the property using recurring utility cost savings realized to pay for the upgrades over time.” 100% long-term financing is available, allowing positive cash-flow from day one. If your commercial building changes ownership, all PACE-related assessments, and “green” improvements are transferable to the new owner. As a perk, there is currently a 30% Federal tax credit for all solar project costs that can be used immediately or spread out over several years.