If you’re like most Arizona business owners, you’re always looking for ways to cut costs and improve your bottom line. Solar power is one of the most efficient and cost-effective ways to do this. Commercial solar panels in Arizona can help you save money on your energy bills while also saving the environment.
Looking to save on your energy bill and do your part for the environment?
Switch to commercial solar panels in Arizona! Installing solar panels is a great way to reduce your carbon footprint and save money on your energy bill. With a commercial solar system, you can take advantage of government tax incentives while also doing your part to help the environment.
The hot Arizona sun is beating down on your commercial building, and your energy bills are through the roof. But there’s a solution – renewable energy from Phoenix Solar Panel Systems. We can help you reduce your energy costs and be more sustainable at the same time.
So what are you waiting for? Contact us today for a free consultation.
Benefits of a Commercial Solar Installation
Phoenix Solar Panel Systems offers commercial solar solutions that make your business more sustainable in several ways. A commercial solar panel installation is a powerful asset that puts businesses in control of their electricity costs and carbon footprint.
An Arizona solar energy system can benefit businesses in the following ways:
- Reducing operating costs and improving cash flow
- Increasing bottom line
- Obtaining a valuable asset with a strong return on investment, accelerated depreciation, and no increase in property taxes
- Increasing property and business value
- Benefiting from solar tax credits and other government incentives
- Protecting against rising utility rates
- Having zero downtime with battery backup storage
- Meeting company environmental sustainability targets
Reduce Operating Costs and Increase Profits
Saving money is the primary reason why Arizona businesses go solar. Electricity costs are substantial for large commercial buildings and a solar power system can dramatically decrease these expenses. Going solar gives companies the opportunity to own a power-generating asset instead of perpetually renting power from the utility company.
Solar is a long-term investment that pays off more as time goes on. This is because the monthly payments on fixed interest solar loans never go up while Arizona utility companies raise their rates every year. At the minimum, utilities raise their rates with the level of inflation. We have already seen substantial rate increases across the country due to high inflation, and electricity prices will continue to rise.
Commercial solar loans allow Arizona businesses to install solar systems with affordable monthly payments. Companies start saving money on electricity during the first year after installation. This increases profits and frees up cash to invest in other areas.
Solar Tax Credits and Other Incentives
The commercial solar tax credit is the perfect way to save on your taxes while going green. Solar energy is a renewable resource that is good for the environment, and it can also save you money on your energy bill.
The commercial solar tax credit allows you to get a tax deduction for installing solar panels on your business property. With the solar tax credit and other solar incentives, you can get up to 70% of the cost of your solar project costs back.
See our page on the commercial solar tax credit for more information.
Obtain a Valuable Asset
The average commercial solar system size in Arizona is 63.14 kilowatts (kW) with an average annual production of 72,267 kilowatt-hours (kWh). Most businesses see a return on investment of 20% or more with solar. Arizona companies pay off their solar energy systems with electricity savings and other benefits in less than 5 years. That leaves over 25 years of solar’s 30+ year lifespan to provide free electricity.
About 12% to 25% of the solar system price can be recouped through accelerated depreciation. Businesses can use the Modified Accelerated Cost-Recovery Systems (MACRS) method. This method deducts their solar system’s depreciation expenses over five years instead of the entire lifespan of the system.
A commercial solar installation pays for itself quickly because of all the tax credits, benefits, and incentives offered. Many Arizona businesses have already realized that purchasing a solar system is a key strategic decision that provides financial returns for decades.
There is a rising demand for commercial buildings that have solar. Research shows that commercial buildings with solar have an increased value on the market.
Improve Your Brand With a Greener Image
Being dedicated to going green also attracts many forward-thinking customers. Going solar at your commercial building is highly visible, and it shows a powerful commitment to sustainability efforts. It improves your brand with a greener image and sends a positive message to your community.
A commercial solar installation shows your company’s commitment to the community, country, and planet. You protect the environment while also generating new loyal customers.
Phoenix Solar Panel Systems typically performs a thorough energy audit at the business prior to installing solar and making any efficiency upgrades. Our commercial installations and upgrades typically increase energy efficiency by 40% and more!
A commercial solar installation lowers a property’s carbon footprint significantly when it begins operating. It is a tangible and quantifiable asset that will help your company meet and exceed its sustainability goals. Installing solar does not interrupt any business operations or workflows either. It is easy and fast to implement.
You can also power a new fleet of electric vehicles (EV) and provide EV chargers onsite for your employees. Commercial solar panels keep costs low by charging vehicles with power produced onsite instead of electricity purchased from the utility company.
Increased Reliability with Solar Batteries
Generating solar power onsite is the first step to becoming less reliant on public utility companies. However, your business will still experience expensive downtime if the grid goes down. This is why many businesses install solar battery backup with their commercial solar panels in Arizona.
Your business needs its phones, computers, and internet to make money. In a grid failure, all these systems go offline for an unknown amount of time. But, with battery storage attached to your solar system, your business operations will always continue no matter what. Your solar panels will create your own grid by continuously producing, banking, and using electricity throughout the property.
Solar batteries also offer smart power management systems. This allows you to choose when and where your stored energy is used. It also saves you more money because you can used your stored energy at night and during expensive on-peak utility periods.
Solar batteries are superior to traditional gas-powered backup generators. They eliminate logistics and expenses related to fuel deliveries because their power comes from the sun. Gas-powered generators are also noisy, require constant maintenance, and they create air pollution. Solar systems are low-maintenance, silent, and emission free.
Do you live in Arizona and have been considering commercial solar panels?
Now is the time to take action! With our experienced team and quality products, we can get your business set up with solar panels quickly and efficiently. Don’t wait any longer, schedule your free consultation today!