improve Your business’s energy
Commercial Solar
Uprisun energy
improve Your business’s energy
Commercial Solar
Uprisun energy
how to finance commerical solar
Cash Purchase
Requires 100% upfront capital investment and O&M costs for 30 years. The organization will be eligible for the 26% Federal ITC, 24.5% State ITC, and MACRS Accelerated Depreciation. The internal rate of return (IRR) on this cash purchase is 32%, and the simple payback will occur in less than 2 years.
Bank Loan
Requires 0% down, but the loan is a 7-year term at 5.00% interest and the organization is also responsible for O&M costs for 30 years. The organization will still be eligible for the 26% Federal ITC, 24.5% State ITC, and MACRS Accelerated Depreciation. This system would be cash flow positive from year one.
Operating Loan
Requires 0% down, with a 10-year lease term at 6.00% interest and a future buyout option. The organization would also be responsible for 30 years of O&M costs but would NOT be eligible for any of the tax credits or other incentives. This system would be cash flow positive from year one.
PPA
Requires 0% down, with a 20-year PPA rate with 0% escalator, and the organization will have the option to purchase the system after 20 years (incurring O&M costs for the last 10 years of the 30-year lifespan). This system would be cash flow positive from year one.
how to finance commerical solar
Cash Purchase
Requires 100% upfront capital investment and O&M costs for 30 years. The organization will be eligible for the 26% Federal ITC, 24.5% State ITC, and MACRS Accelerated Depreciation. The internal rate of return (IRR) on this cash purchase is 32%, and the simple payback will occur in less than 2 years.
Bank Loan
Requires 0% down, but the loan is a 7-year term at 5.00% interest and the organization is also responsible for O&M costs for 30 years. The organization will still be eligible for the 26% Federal ITC, 24.5% State ITC, and MACRS Accelerated Depreciation. This system would be cash flow positive from year one.
Operating Loan
Requires 0% down, with a 10-year lease term at 6.00% interest and a future buyout option. The organization would also be responsible for 30 years of O&M costs but would NOT be eligible for any of the tax credits or other incentives. This system would be cash flow positive from year one.
PPA
requires 0% down, with a 20-year PPA rate with 0% escalator, and the organization will have the option to purchase the system after 20 years (incurring O&M costs for the last 10 years of the 30-year lifespan). This system would be cash flow positive from year one.
Commercial Solar
Fueling your business with sustainable energy should not break the bank. Find out what clean energy solutions work best for your business. We offer everything under the sun. Just ask away.
BENEFITS OF SOLAR FOR SMALL BUSINESSES
- Reduced Energy Costs
- Federal Investment Tax Credit
- Performance-Based Incentives
- Accelerated Depreciation
- Good R.O.I.
- Decrease In Carbon Footprint
- Fewer Power Outages
- Low Maintenance
- More Loyal & Satisfied Employees
- More Customers
- Support of the Local Economy
- Increased Property Value
HOW MUCH DO PANELS COST FOR MY BUSINESS
- Energy Demands Of Your Business
- The Quality & Features of the Solar Panel System
- Specific Requests of the Customer
- Cost of Solar Permits
- Grid Connection Fee
- Roof Type
EASY START UP PROCESS
- NDA
- Company Contact Information
- Utility Bill/Usage 12 Months
- Blueprints
- Financial Proposal & Consultation with Customer
- LOI with Developer/Installer & Customer
- Underwriting
Commercial Solar
Fueling your business with sustainable energy should not break the bank. Find out what clean energy solutions work best for your business. We offer everything under the sun. Just ask away.
BENEFITS OF SOLAR FOR SMALL BUSINESSES
- Reduced Energy Costs
- Federal Investment Tax Credit
- Performance-Based Incentives
- Accelerated Depreciation
- Good R.O.I.
- Decrease In Carbon Footprint
- Fewer Power Outages
- Low Maintenance
- More Loyal & Satisfied Employees
- More Customers
- Support of the Local Economy
- Increased Property Value
HOW MUCH DO PANELS COST FOR MY BUSINESS
- Energy Demands Of Your Business
- The Quality & Features of the Solar Panel System
- Specific Requests of the Customer
- Cost of Solar Permits
- Grid Connection Fee
- Roof Type
EASY START UP PROCESS
- NDA
- Company Contact Information
- Utility Bill/Usage 12 Months
- Blueprints
- Financial Proposal & Consultation with Customer
- LOI with Developer/Installer & Customer
- Underwriting
Getting solar for your business
Determine financial and sustainability goals for your business. Start by ensuring that solar energy is a fit for your organization.
- Are electric utility costs a significant contributor to your operating costs?
- Are you located in a region with average or above-average power costs?
- Will “going green” raise your organization’s environmental profile among customers, regulators, and your community?
- Is space available on or around your facility for installing solar panels and storage equipment?
Gather the facts of your recent energy usage. At least six months of electrical bills are essential to this process. Data for a year or more will allow you to identify seasonal peaks and valleys, as well as unusual consumption patterns such as equipment outages or unscheduled overtime. In addition, financials related to business losses resulting from previous power outages, and projections of future business expansion, will help quantify the monetary advantages of solar energy.
Partner up with a Commercial Solar Energy Specialist. Too many solar projects end in failure because customers skip this critical step. The range of vendors professing expertise span local contractors, public utilities, and recognized industry leaders. The key to your success lies in avoiding off-the-shelf solution vendors and contractors or electricians “doing solar” on the side. Even before you schedule the first meeting, get references, and check prior jobs to make sure you do business with a proven, reliable partner.
Last, award your business to a full-service solution provider that can handle the rest of the work for you – from financing to system design and construction, grid connection, and maintenance. For this final and most critical step, choose a partner with strong financial backing that assures you of long-term support, and demonstrated experience building and supporting solar infrastructures of the size and complexity your business demands.
Getting solar for your business
Determine financial and sustainability goals for your business. Start by ensuring that solar energy is a fit for your organization.
- Are electric utility costs a significant contributor to your operating costs?
- Are you located in a region with average or above-average power costs?
- Will “going green” raise your organization’s environmental profile among customers, regulators, and your community?
- Is space available on or around your facility for installing solar panels and storage equipment?
Gather the facts of your recent energy usage. At least six months of electrical bills are essential to this process. Data for a year or more will allow you to identify seasonal peaks and valleys, as well as unusual consumption patterns such as equipment outages or unscheduled overtime. In addition, financials related to business losses resulting from previous power outages, and projections of future business expansion, will help quantify the monetary advantages of solar energy.
Partner up with a Commercial Solar Energy Specialist. Too many solar projects end in failure because customers skip this critical step. The range of vendors professing expertise span local contractors, public utilities, and recognized industry leaders. The key to your success lies in avoiding off-the-shelf solution vendors and contractors or electricians “doing solar” on the side. Even before you schedule the first meeting, get references, and check prior jobs to make sure you do business with a proven, reliable partner.
Last, award your business to a full-service solution provider that can handle the rest of the work for you – from financing to system design and construction, grid connection, and maintenance. For this final and most critical step, choose a partner with strong financial backing that assures you of long-term support, and demonstrated experience building and supporting solar infrastructures of the size and complexity your business demands.
Reasons to go solar
Many expanding businesses invest in solar power and storage to help offset the added expenses resulting from their growth-related investments, such as the additional electrical demand imposed by facility expansion.
Solar can also provide branding and community goodwill benefits derived from reducing the enviromental footprint of your business.
Without battery storage to hold the excess energy, they cannot contribute to your energy requirements at night or in inclement weather.
These spikes are costly because demand charges are assessed for the highest 15-minute spike in demand during the billing period, as measured at the meter.
Energy storage has the effect of evening out the load measured by the utility meter. Important in the “shoulder” hours, when sudden load spikes might result in demand charges.
Couple solar with related infrastructure investments, such as major roof repairs or new construction.
Combining photovoltaic (PV) solar systems with battery storage solutions increase your total savings.
Nor can they satisfy “surge” demands beyond their rated output, forcing companies to buy commercial electricity to satisfy spikes caused by events suchas equipment start-up.
Combining PV systems with storage effectively mitigates these spikes.
Reasons to go solar
Many expanding businesses invest in solar power and storage to help offset the added expenses resulting from their growth-related investments, such as the additional electrical demand imposed by facility expansion.
Solar can also provide branding and community goodwill benefits derived from reducing the enviromental footprint of your business.
Without battery storage to hold the excess energy, they cannot contribute to your energy requirements at night or in inclement weather.
These spikes are costly because demand charges are assessed for the highest 15-minute spike in demand during the billing period, as measured at the meter.
Energy storage has the effect of evening out the load measured by the utility meter. Important in the “shoulder” hours, when sudden load spikes might result in demand charges.
Couple solar with related infrastructure investments, such as major roof repairs or new construction.
Combining photovoltaic (PV) solar systems with battery storage solutions increase your total savings.
Nor can they satisfy “surge” demands beyond their rated output, forcing companies to buy commercial electricity to satisfy spikes caused by events suchas equipment start-up.
Combining PV systems with storage effectively mitigates these spikes.
Why landlords go solar
Valuable ROI
View the costs of installing a solar system as an investment, not an expense. The returns on your investment — in terms of the thousands of dollars your business will save over the years — will often surpass most other commercial or financial investments.
Increase Your Property Value
Studies prove that commercial buildings with solar systems have higher property values and sell quicker — sometimes twice as fast as non-solar buildings. And with the solar revolution taking off, solar-equipped buildings will be in greater demand. Note: Adding a solar system will not increase your property taxes.
Control future energy costs
Businesses trying to predict operating costs for the next year and beyond are at the mercy of volatile energy prices. Facing unknown national and world events, no one can predict the energy landscape and what your utility will charge. With a solar energy system that dramatically reduces electricity costs, you can budget more effectively since you will not be adversely affected by rising energy costs.
Net Present Value
This is one of the least-performed estimating techniques since it takes other elements into consideration – such as the rate of inflation and what else could have been done with the money spent on going solar. Historically, solar systems have shown a large, positive value over time, making them a fundamentally sound investment – the main goal of this estimate is to determine how good the investment truly is in any given scenario.
Improve your cash flow immediately
Once you have your solar system in place — possibly with financing options that don’t require a large, upfront purchase — you can start to save with lower monthly energy bills. With less money going to electricity, you will have more cash on hand.
Benefit from tax credits and accelerated depreciation
Businesses and nonprofits can benefit from the recently extended Solar Investment Tax Credit, which allows for a 26% federal tax credit, if you build a system by the end of 2020. Your savings are even greater since businesses can depreciate 85% of the purchase costs of a solar installation purchase price over six years. Most of the depreciation can be taken in the first year and all of it within 5 years.
why landlords go solar
Valuable ROI
View the costs of installing a solar system as an investment, not an expense. The returns on your investment — in terms of the thousands of dollars your business will save over the years — will often surpass most other commercial or financial investments.
Increase Your Property Value
Studies prove that commercial buildings with solar systems have higher property values and sell quicker — sometimes twice as fast as non-solar buildings. And with the solar revolution taking off, solar-equipped buildings will be in greater demand. Note: Adding a solar system will not increase your property taxes.
Control future energy costs
Businesses trying to predict operating costs for the next year and beyond are at the mercy of volatile energy prices. Facing unknown national and world events, no one can predict the energy landscape and what your utility will charge. With a solar energy system that dramatically reduces electricity costs, you can budget more effectively since you will not be adversely affected by rising energy costs.
Net Present Value
This is one of the least-performed estimating techniques since it takes other elements into consideration – such as the rate of inflation and what else could have been done with the money spent on going solar. Historically, solar systems have shown a large, positive value over time, making them a fundamentally sound investment – the main goal of this estimate is to determine how good the investment truly is in any given scenario.
Improve your cash flow immediately
Once you have your solar system in place — possibly with financing options that don’t require a large, upfront purchase — you can start to save with lower monthly energy bills. With less money going to electricity, you will have more cash on hand.
Benefit from tax credits and accelerated depreciation
Businesses and nonprofits can benefit from the recently extended Solar Investment Tax Credit, which allows for a 26% federal tax credit, if you build a system by the end of 2020. Your savings are even greater since businesses can depreciate 85% of the purchase costs of a solar installation purchase price over six years. Most of the depreciation can be taken in the first year and all of it within 5 years.
FAQ
What types of products do we carry and how do they differ?
Uprisun Energy only provide Tier-1 Solar components and usually products that are manufactured in USA/Canada like Q.Cells, CSUN, Canadian Solar etc. on the inverter side we use SolarEdge Exclusively that provide best performance and support throughout USA as the No.1 company in USA.
What panels would you choose for your own business and why?
As mentioned above we use Tier-1 Solar Components for both Commercial and Residential clients.
How much money can my business expect to save with a solar system?
By installing solar, your business will be able to lock in electricity prices and reduce reliance on an unpredictable expense. Going solar makes it easier for companies to budget and plan for the future. In total, the ITC and depreciation benefit can reduce the system price by as much as 60 percent.
Additionally, if your business operates in states where energy is expensive or where there are incentives to leverage, solar is a great option for your commercial properties. You should also consider solar for your business if you: prioritize sustainability, prioritize offsetting energy consumption on a local level, manage multiple locations with quality rooftop “real estate”, or if your business has large energy load operating costs / requirements.
How can running my business on solar increase my bottom line?
By switching to solar, the building can lower their electricity bill by 20-40%, improving their margins and bottom line. Average projections within the industry state production at roughly $0.06 – $0.15/kWh based on a 20-year project life, location, and current federal and state incentives.
Why should your business go solar now?
By installing solar, your business will be able to lock in electricity prices and reduce reliance on an unpredictable expense. Going solar makes it easier for companies to budget and plan for the future. In total, the ITC and depreciation benefit can reduce the system price by as much as 60 percent.
Additionally, if your business operates in states where energy is expensive or where there are incentives to leverage, solar is a great option for your commercial properties. You should also consider solar for your business if you: prioritize sustainability, prioritize offsetting energy consumption on a local level, manage multiple locations with quality rooftop “real estate”, or if your business has large energy load operating costs / requirements.
How much upfront capital will my organization need to go solar?
In most cases for commercial projects there is zero out of pocket expense for the business owner, Bear Solar will look at the client energy usage and load profile to determine the best technology/equipment to provide competitive and efficient system that will provide savings and help pay off the solar loan itself. IN most cases we provide various financing options to the client depending their situation that may include property ownership, cash flow, tax appetite etc.
Uprisun Energy also provide comprehensive energy usage analysis to determine the perfect size of the system and technology that can provide maximum offset and savings throughout the system life.
Get Started Now
Please complete the forum below! An email will be sent out to one of our experts and he will call you back with information!
FAQ
What types of products do we carry and how do they differ?
Uprisun Energy only provide Tier-1 Solar components and usually products that are manufactured in USA/Canada like Q.Cells, CSUN, Canadian Solar etc. on the inverter side we use SolarEdge Exclusively that provide best performance and support throughout USA as the No.1 company in USA.
What panels would you choose for your own business and why?
As mentioned above we use Tier-1 Solar Components for both Commercial and Residential clients.
How much money can my business expect to save with a solar system?
By installing solar, your business will be able to lock in electricity prices and reduce reliance on an unpredictable expense. Going solar makes it easier for companies to budget and plan for the future. In total, the ITC and depreciation benefit can reduce the system price by as much as 60 percent.
Additionally, if your business operates in states where energy is expensive or where there are incentives to leverage, solar is a great option for your commercial properties. You should also consider solar for your business if you: prioritize sustainability, prioritize offsetting energy consumption on a local level, manage multiple locations with quality rooftop “real estate”, or if your business has large energy load operating costs / requirements.
How can running my business on solar increase my bottom line?
By switching to solar, the building can lower their electricity bill by 20-40%, improving their margins and bottom line. Average projections within the industry state production at roughly $0.06 – $0.15/kWh based on a 20-year project life, location, and current federal and state incentives.
Why should your business go solar now?
By installing solar, your business will be able to lock in electricity prices and reduce reliance on an unpredictable expense. Going solar makes it easier for companies to budget and plan for the future. In total, the ITC and depreciation benefit can reduce the system price by as much as 60 percent.
Additionally, if your business operates in states where energy is expensive or where there are incentives to leverage, solar is a great option for your commercial properties. You should also consider solar for your business if you: prioritize sustainability, prioritize offsetting energy consumption on a local level, manage multiple locations with quality rooftop “real estate”, or if your business has large energy load operating costs / requirements.
How much upfront capital will my organization need to go solar?
In most cases for commercial projects there is zero out of pocket expense for the business owner, Bear Solar will look at the client energy usage and load profile to determine the best technology/equipment to provide competitive and efficient system that will provide savings and help pay off the solar loan itself. IN most cases we provide various financing options to the client depending their situation that may include property ownership, cash flow, tax appetite etc.
Uprisun Energy also provide comprehensive energy usage analysis to determine the perfect size of the system and technology that can provide maximum offset and savings throughout the system life.
Get Started Now
Please complete the forum below! An email will be sent out to one of our experts and he will call you back with information!