Cool Solar
Our Services for Businesses

INSTALLATION TYPES:

Business Services

Businesses have many choices to go solar, and can enjoy tax advantages not available to residential customers.  Business solar installations can see cost reductions of 70% to 80% on the cost of a solar system due to Federal and State incentives.  There is no better time than today to address the sustainability issues and rising energy costs facing your company!

The first step in going solar is to estimate which utility incentive program works best for your company.  If your needs are well-met with a system under 10KW in capacity, the utility rebate program is very similar to the residential program.  If a system between 10kW and 200kW is a better fit, some of the utility rebates are up front, and some come over the span of 20 years in the form of monthly payments from the utility for your solar power.

Regardless of your system size, your business will receive a 30% federal investment tax credit on your tax bill.  Further, the system can be fully federally depreciated on a 5-year accelerated schedule.

Finally, if you cannot use the tax credits in your organization, financing arrangements such as leases and power purchase agreements can be explored that will bring you the benefits of the tax credits.

Businesses can go solar in Colorado for a minimal outlay of green, enabling internal rates of return of 10% to 20%, meeting most internal hurdle rates.