Commercial Solar
Solar Power is no longer a prohibitively expensive option for commercial and industrial organizations. Recent pricing corrections and current Federal and State incentives have made Solar into a parity option with many utilities, with corresponding investment recovery in the 8-12 year range. Combined with the added property value, depreciation benefits, and public environmental positioning of a Solar investment, this is an opportunity your organization cannot afford to miss.
Solar Energy Systems include a broad set of technologies with a diverse and proven set of applications. From high-profile Solar Electric systems to reliable and powerful Solar Water and Process Heating options, established manufacturers have solutions and experience with nearly every industry and application.
Common Solar Solutions:
- Industrial Process Heating
- Food Processing/Pasteurization and Brewery Operation
- Linen/Laundry and Cleaning Establishments
- Restaurant and Hospitality Water and Space Heating
Current Incentives and Opportunities
The Federal Energy Efficiency and Solar credit provides 30% of installed cost of any commercial Solar Electric or Solar Water Heating system installed before 2017. This credit has no cap, and can also be used toward certain energy efficiency equipment and services to a property. For commercial clients this credit is immediately convertible into a Treasury Grant.
Louisiana provides the Solar and Wind Energy Credit to Businesses investing in Solar Electric, Solar Water Heat, and Solar Pool Heat projects. Note that this credit only applies to Solar Systems installed on residential property. The credit is for 50% of the installed system costs, and is refundable to the applying entity.
Combined, these incentives provide up to 80% in credits and refunds to the investor. This is one of the best set of incentives in the country, and provides a great opportunity to get started in Solar Energy for any organization.