Commercial Solar Panel Returns

Your ideal rate of return will affect how you calculate the cost of commercial solar panels.

Commercial solar panel returns.

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. String inverters are typically warrantied for 10 15 years which means you should expect to replace your inverter at least once over the life of ownership. As the industry standard performance guarantee is 25 years that s the timeframe we ll use. 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.

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. What returns can i earn on my solar investment. For many businesses who want to install commercial solar panels the major issue they first need to address and quantify is the potential return on investment. Business and commercial solar panels return on investment.

The return through the feed in tariffs and savings on energy costs over the life of the installation. Your ideal rate of return or hurdle rate is the minimum rate of return you require for new investments. For commercial solar photovoltaics disclaimer. 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.

The return on investment for any business that chooses solar panels will depend largely on a few factors. Bluesel commercial solar also has instituted a temporary policy to safeguard the well being of customers and employees during the covid 19 pandemic. And it should not be used as the only source of information when making purchasing. It does not constitute professional tax advice or other professional financial guidance.

The initial investment or cost of the solar panels. The size of the solar panel installation. This guide provides an overview of the federal investment tax credit for those interested in commercial solar photovoltaics or pv. We are open for business in massachusetts during this unusual period.

Read more about how we can help businesses and organizations speed up their savings as things return to normal. Of course there is the initial cost of installation versus the consequent lowering of energy bills and greener credentials that could boost business. Reduces your operating costs. We ll measure roi over the panel s lifetime.

When thinking about switching your commercial building to solar power consider it an investment not an expense. Solar panels are warrantied to last for 25 years and they often last quite a bit longer than that albeit at reduced efficiency.