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Financial Benefits of a Commercial Solar Installation![]()
What will a Simple Solution cost our Business Around $8.00 a watt or $80,000 dollars, but wait, you have to factor in all your credits! Our suggestion is to maximize your Oncor Rebate. This would be a 10KW system. A 10 KW system will give your business a presence in the Green Movement and additions to this system can be made as further incentives and rebates are available. Your accelerated first year depreciation ends at the end of 2009, so you need to move forward quickly to take advantage of this approximate $30,000 incentive. With all of the tax credits/grants, rebates, and tax depreciation credits offered, you will be out of pocket only $5 to 6 thousands. Where can you get a Business ROI with that type of return? Your CFO needs to call us today…. Why wait to install? Solar and Wind Solutions from TX Wind and Solar offer immediate savings the moment they are installed. A big advantage of combining a wind and solar system installation is the fact that you are now producing electricity 24/7. Our average yearly solar day in Texas is 5.46 hrs and with a wind turbine added to your system, you are making power day and night. Since most businesses have large flat roofs, space limitations are not usually a problem. This is an ideal location to construct your solar array. Wind Turbines can easily be installed in parking lot areas. Customers who see the wind turbine are naturally excited about seeing something new. We are aware of customers who have started shopping, just because of the company’s perceived environmental programs in place. Federal Tax Credits, Local Energy Rebates and Accelerated Business Depreciation Thanks to the 2009 American Recovery and Reinvestment Act, all wind and solar systems receive a 30% tax credit off the total cost of the entire system, including installation. Prior to the President signing this legislation, a $2000 cap was all that could be deducted. In Texas, Oncor Electric provides a $2.46 per watt additional rebate for solar systems installed in their service area. Maximum rebate credit is up to 10KWdc for $24,600. Find out if your business is serviced by Oncor Electric. Did you know that first year depreciation can now be accelerated by an additional 50%? Call us at TX Wind and Solar and we will be happy to assist you. Rising Electricity Rates are on the Horizon Did you know that the average price of electricity in California is between 30 and 40 cents per kWh. Texas residents have enjoyed lower rates in the past, but with a number of future coal plants being rejected, our prices will be going much higher. Some statistics show that we could double our current average rate of 12 to 14 cents in just the next few years. By purchasing a solar/wind solution from TX Wind and Solar you are locking in your electrical prices for the next 20 to 30 years. Net Metering allows Consumers to Receive Credit for the Energy Created Now because of new legislation forcing utility companies to offer net metering solutions and deregulation, allowing customers to choice their Retail Energy Provider (REP); consumers are in a great position to take charge of their electrical requirements. Call a TX Wind and Solar representative today to find out how net metering is implemented in your area. What about all the Maintenance that will be Required? Wind and Solar Solutions have been around for hundreds of years. They are proven technologies with no moving parts. Our wind turbines are guaranteed for 10 years and will last for 20 years, with virtually no maintenance required. Solar Systems have 25-year warranties and have been shown to last over 30 years with no major repairs needed. These systems provide a reliable source of electrical power production with little worries of system failures or costly maintenance upkeep. You can’t say that about other monthly businesses. ![]() Click Here to learn about Environmental Benefits of a Commercial Installation Business Solutions | Getting Started | Tax & Rebate Incentives | Our Partners |
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