Commercial solar panels and commercial LED lighting retrofits are a great investment for commercial property owners, managers, business owners, facilities managers, non-profits, and churches. Both investments provide a clear-cut ROI that is easy to recognize. Both help to decrease energy costs and, in many cases, eliminate them together. Plus, commercial solar financing options, commercial solar financing banks, government financing for solar panels, and solar lease-to-own plans have grown exponentially in the last 10 years. As a result, solar isn’t just for Intel and Wal-Mart anymore. Add in the tax incentives and deductions, all small to mediums sized businesses can and should consider commercial solar panels and commercial LED lighting retrofits. At The Oasis Group, we feel so strongly about this we created a specialized division called Green 360®, your local solar installation contractor for commercial electric LED retrofit installation. Commercial solar panels and commercial LED lighting retrofits have always made sense for the environment. Today they make good business sense. If you are curious what energy cost savings could mean for you, contact HYPERLINK “https://getgreen360.com/” Green 360® today for an energy-saving analysis at 763-501-7777.
As your local solar installation contractor, it is difficult if not impossible to suggest what your energy cost savings or solar system investment would look like without first conducting a solar energy analysis of your property. As a result, the first step to installing solar panels is to request a hassle-free energy efficiency analysis from Green 360® at 763-501-7777. Another factor to consider is how you plan to pay for your solar panel installation. Buying a solar system outright has advantages, as does low interest loans for solar panels, government solar loans, and lease to own solar panels. But, according to EnergySage®, the average price to install residential solar panels in Minnesota is between $13,855 – $18,745, with net 20-year savings between $25,015 – $33,844. For commercial solar installation, commercial property owners and managers can expect equally scaled energy cost savings.
Some commercial property owners, managers, non-profits, and churches are not able to acquire solar panels utilizing their existing working capital for a variety of reasons. Residential homeowners may also need solar system financing options for a variety of reasons. As a result, as your local commercial solar panel contractor, we have built relationships with residential solar financing companies, can help you navigate government financing for solar panels, and offer solar lease to own plans. Before you explore financing options, it makes a lot of sense to request a hassle-free energy efficiency analysis from Green 360® at 763-501-7777. While we are analyzing your energy cost savings, we can help gather information, make recommendations, and provide access to financing options.
According to the US Department of Energy, “LEDs use up to 90% less energy and last up to 25 times longer than traditional incandescent bulbs (EnergyStar®).” It doesn’t matter if you are a commercial property owner, manager, non-profit, or a church, it is not hard to figure out the cost savings by replacing your incandescent bulbs with a commercial LED light retrofit. Of course, LED lights cost more, but they last 25 times longer. LED light longevity usually justifies the investment, and the cost savings can quickly demonstrate an ROI. Sometimes commercial LED light retrofits require additional electrical wiring or upgrades, and other times simply swapping out bulbs. As with solar panels, it is difficult, if not impossible to suggest what your energy cost savings would look like without first conducting a commercial LED retrofit energy analysis of your property. As a result, the first step is to request a hassle-free commercial LED retrofit energy efficiency analysis from Green 360® at 763-501-7777.
Some commercial LED light retrofits we can help you with include:
The Oasis Group and Green 360® are not CPAs and we are not giving tax advice here. But we can share some of the tax incentives our customers have reported taking advantage of. Please confirm with your CPA or tax preparer if the below tax incentives apply to your situation.
• 26% tax credit for residential and commercial solar systems installed 2022 (*US Department of Energy).• 22% tax credit for residential and commercial solar systems installed 2023 (*US Department of Energy).• IRS Rule 179D Tax Deduction for LED Retrofits. The IRS Rule 179D commercial buildings energy efficiency tax deduction primarily enables building owners to claim a tax deduction for installing qualifying systems and buildings. Tenants may be eligible if they make construction expenditures (*US Department of Energy).
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