Every month it turns up like a bad penny, impeccably timed, and never ending… I’m talking about your electric bill. But we’re here to help you out, give peace of mind, and add weight to your wallet. The answer is a solar electric system for your energy needs, whether it be for your home or business. We can set you on your journey to electrical independence.
There has never been a better time than now to take action for your financial future. Solar equipment, now at an all-time low, coupled with a 30% tax credit for your total turn-key cost is the best investment that your money can buy. Solar electric systems average a return rate of 7- 10 percent with an average 10 to 12 year return on investment. Where else can you get a return like this? And it’s not volatile- with a five year warranty on the install, a 12 year inverter warranty, and a 25 year warranty on modules, it makes it as close to risk free as you can get.
When we connect a system to the grid, your energy provider will come out and hook up a new net meter. What the net meter does is let you feed energy back by the turning your meter backwards. If at the end of the year, you produce more power than you consume, you can expect a check back at a rate between wholesale and retail rate from DMEA (if that is your provider). Yes, a check for the electricity you produce!
I know you may have heard that solar equipment is just going to get cheaper as time goes by, but don’t wait. Solar prices are leveling out and the Federal tax credit will not be around forever. The 30%, uncapped solar tax credit was passed in 2009 and extended in 2015. In 2019, it will begin to taper off, and will sunset in 2022. During that time, you should be able to carry over what tax credit you can’t use in one year.
If you are a business owner in Delta County, you can now take advantage of a new program called C-PACE (Commercial Property Assessed Clean Energy). It generally requires no upfront cost and the savings come to you immediately. What makes C-PACE financing different than other financing options is that repayment is made through a voluntary assessment on your property tax bill. This means that the loan for the project is tied to the property rather than the property owner, and stays with the property upon sale. You may be eligible if your project is an existing or new commercial, industrial, agricultural, non-profit or a 5+ unit multifamily property. C-PACE projects include but are not limited to renewable energy systems. C-PACE financing is available for businesses looking to increase energy efficiency with any number of permanent upgrades which help them achieve “utility cost savings” including but not limited to: efficient lighting fixtures, insulation, heating, cooling, air sealing measures, door and window upgrades, roof replacements, and water conservation.