7 Reasons Why People are Installing Solar
1. TO TAKE ADVANTAGE OF THE LOW PRICING IN SOLAR SYSTEMS
Even if you have recently received a price for a solar energy system, you need to look again. The cost of solar modules has dropped in half or more over the last couple of years, making installing a solar energy system very compelling right now. Solar pricing has bottomed and is forcasted to increase due to diminished supply and increased popularity within the next couple of years.
2. TO AVOID CONTINUAL RATE HIKES IN UTILITES
On average electric rates have increased 5.5% every year since 1971. Over the next three years PG&E has been approved for an increase of 22%. Lock in your electricity rates now by going solar.
3. THE NET METERING AGGREGATION PROGRAM
Premier Renewables was one of the first companies to pioneer and perfect this program for agricultural operations. This program decreases cost by installing one system that can offset multiple meters.
4. ADDS VALUE TO YOUR BUSINESS
Adding solar can significantly increase your businesses value, and unlike adding additional buildings, solar does not increase your property taxes
5. ACCELERATED DEPRECIATION
Your business can depreciate up to 85% of the solar purchase cost over six years. Most of the savings will occur within the first three years.
6. SOLAR PAYS FOR ITSELF
If you install solar, your system has the potential to pay for itself in 7 to 10 years. We’ve had many agricultural and commercial operations whose savings have been astounding and often times less than a 5 year break even.
7. INCREASED CASH FLOW
With solar, you can be cash-flow positive immediately, or pay less than you’ve previously been paying for your utility bills.
If your entity is entertaining having a solar energy system installed or would simply like more information, please don’t hesitate to give us a call 805-781-0881.