Commercial Solar Panel Savings Based On Solarppa

Whether you have tax appetite and prefer a cash deal or you want to leverage a zero down power purchase agreement rec solar commercial solar financing will work with you to maximize your finance goals.

Commercial solar panel savings based on solarppa.

Commercial solar calculator payback roi and savings businesses are increasingly realizing the monetary benefits of installing commercial solar panels. The calculator also allows you to compare a high quality photovoltaic pv system with a lower priced solar system and see the difference in payback time. Calculate your solar savings. See how long it will take for a solar system to pay for itself.

Schedule your site assessment to confirm your estimate. We will not sell trade or rent your personal information to others without your permission. A solar ppa also known as a solar purchase power agreement can benefit many business owners. According to a 2016 sunpower survey 87 of business respondents cite saving money as one of the primary reasons for funding solar projects with some projected to save hundreds of thousands of dollars or more in electricity costs over the life of their commercial solar panel system.

Under a solar ppa your electricity rate is immediately less than your existing utility bills so you begin saving money on day one. In our same example you could install a system that produces 8 000 kwh a year which would cover 80 on your energy use or 5 000 kwh a year for 50. Use this solar panel calculator to quickly estimate your solar potential and savings by state. A solar ppa allows a business to install solar panels with no out of pocket outlay.

Estimates are based on your roof electricity bill and actual offers in your area. Under the fixed escalator plan the price the customer pays rises at a predetermined rate typically between 2 5. Commercial solar financing rec solar commercial corporation 2020 04 23t06 04 56 07 00 take your pick. Solar ppas provide a fixed predictable cost of electricity for the duration of the agreement and are structured in one of two ways.

If you can t fit enough solar panels on your roof to cover 100 you can also install enough panels to cover only a portion of your energy use. Solar savings payback calculator. Use this solar panel calculator to quickly estimate your solar potential and savings by address. Many businesses can stand to save thousands of dollars every year by lowering their operating costs through a solar ppa.

With a payback in the mid single digits and a typical internal rate of return irr exceeding 10 most companies find that solar makes sense purely as a financial investment.