Article At A Glance
- Federal and Illinois incentives reduce solar energy bills and installation costs.
- Utilizes unused rooftop space, adding value with no curb appeal impact.
- Builds eco-friendly brand appeal, attracting conscious consumers and investors.
Are you looking for ways to make your business more profitable and eco-friendly? Consider rooftop solar for commercial buildings.
At Verde Solutions, we provide premium solar panels, quality installation, and expert advice on everything related to solar energy. When you install solar panels on your Chicago business, you’ll love the efficiency, energy savings, and boosted public image you obtain.
Slash Energy Costs With Rooftop Solar
The most immediate benefit of investing in a commercial solar installation is the amount of money you save on power. Depending on the size of your panels and how many you can fit on your roof, you can provide all the electricity you need to operate your business.
How much do you spend on your energy bill every month? Utility companies report that the average Chicago business spends about $2,200 a month or $26,400 a year on electricity. Imagine what you could do for your business if you invest that in advertising or a part-time employee.
If you can produce more energy than you need, you can consider two options to optimize your energy costs further. First, you can install solar batteries to store the power for cloudy days or when you operate at night. Secondly, you can participate in net metering, which gives you credits for free energy for every extra kilowatt-hour you produce and return to the electrical grid.
Maximize Unused Rooftop Space for Efficient Solar Energy Generation
When you install rooftop solar for commercial buildings, you’re using every available square foot of your roof. Success in business means optimizing how you use your resources, so why settle for wasted space on your roof?
Installing solar panels means you put your roof to work for you. Rather than letting it remain a liability and sunken cost, you turn it into an asset.
Enhance Sustainability and Benefit the Environment
A growing number of consumers choose the businesses they patronize based on how well the company cares for the environment. In an age where consumer values consistently drive business practices, you can’t afford to overlook the value of eco-friendly practices.
When you invest in commercial rooftop solar, you gain the satisfaction and peace of mind that you’re doing everything you can to care for the environment. However, you’re also communicating to your customers that you take the issue seriously. You’ll maintain a more positive brand image and gain a competitive advantage over other companies in your industry that don’t use sustainable power or a solar energy solution.
Additional Read: How to Maximize the Benefits of Your Solar Installation
Increase Property Value Through Rooftop Solar Energy Solutions
Did you know rooftop solar for commercial buildings can increase the overall value of your property? Whether you plan on selling your business or not, a high property valuation gives you more leverage when it comes to finding a loan or seeking investors.
Some business owners worry that installing solar panels ruins the curb appeal of their buildings. However, with the rising popularity of solar panels and evolving technology, solar panels have never looked sleeker or more fashionable.
Regardless of its effect on curb appeal, it can greatly improve property value, which in turn means a faster return on investment.
Are you worried about your property taxes increasing when you add solar panels to your roof? While other methods of improving your property value will increase your taxes, solar panels remain exempt from municipal property taxes.
Available Government Incentives and Rebates for Commercial Rooftop Solar
When you invest in rooftop solar for commercial buildings, you can take advantage of several tax incentives, grants, and rebates to defray the cost significantly. Consider the following options:
- Solar Investment Tax Credit: This federal tax credit amounts to 30% of your total product and installation costs. In other words, if you spend $30,000 installing solar panels, you reduce your federal tax burden by $9,000.
- Adjustable Block Program: If you join Illinois’s adjustable block program, also called Illinois Shines, you can sell back your energy credits rather than use them to power your building. This is an excellent opportunity to defray costs for properties that generate more power than they use.
- Illinois Solar for All: If you own a nonprofit or run a public facility, the ILSFA program can greatly reduce what you pay for solar panel installation. Some organizations may qualify for free panels and installation.
Partner With Chicago’s Leading Commercial Solar Installation Company
Are you ready to obtain the significant benefits and cost savings that come from installing rooftop solar for commercial buildings? You’ll love the quality products, reliable installation, and competitive pricing we offer at Verde Solutions. From solar panels to EV charging and commercial energy storage, we provide all the clean energy solutions you need.
To schedule a consultation, contact Verde Solutions online or call 800-541-1137.
