Commercial Solar Panel Returns

What returns can i earn on my solar investment.
Commercial solar panel returns. This guide provides an overview of the federal investment tax credit for those interested in commercial solar photovoltaics or pv. The size of the solar panel installation. Solar panels are warrantied to last for 25 years and they often last quite a bit longer than that albeit at reduced efficiency. Return on investment for a 1 25 kw solar panel installation most solar panel installations combined with the feed in tariff and energy savings will provide a reasonable return on investment.
The return on investment for any business that chooses solar panels will depend largely on a few factors. The initial investment or cost of the solar panels. When thinking about switching your commercial building to solar power consider it an investment not an expense. The return through the feed in tariffs and savings on energy costs over the life of the installation.
The return on investment you get from solar power often exceeds that of most other investments in terms of the money your business saves over the years. It does not constitute professional tax advice or other professional financial guidance. Of course there is the initial cost of installation versus the consequent lowering of energy bills and greener credentials that could boost business. We ll measure roi over the panel s lifetime.
Bluesel commercial solar also has instituted a temporary policy to safeguard the well being of customers and employees during the covid 19 pandemic. As the industry standard performance guarantee is 25 years that s the timeframe we ll use. In short roi 100 energy savings in 25 years cost of solar panels cost of solar panels. We are open for business in massachusetts during this unusual period.
Your ideal rate of return or hurdle rate is the minimum rate of return you require for new investments. Obviously the more energy your system produces and the more of that energy you directly use yourself the better that investment is even with the greater cost of installation. For commercial solar photovoltaics disclaimer. And it should not be used as the only source of information when making purchasing.
Read more about how we can help businesses and organizations speed up their savings as things return to normal. It assumes not only that you have choices in where you invest your money and want to achieve the highest rate of return that is reasonable for you to achieve. Solar power gives you a great return on investment. Your ideal rate of return will affect how you calculate the cost of commercial solar panels.
Last updated 7 15 2020 in many ways your solar power system is a financial product one that is capable of generating annual returns ranging anywhere from 10 percent to more than 30 percent. Business and commercial solar panels return on investment.