Commercial Solar
Commercial solar PV systems will help a business save money on its electric costs and reduce its carbon footprint. A Greenskies solar power system enables a business to significantly reduce its monthly utility costs and make a significant and immediate contribution to the growing “Green” movement by reducing harmful greenhouse gasses. Rising electricity rates, generous incentives from both the federal and state governments and an abundant and limitless supply of sunlight are motivating many forward-looking companies to switch to solar power.
Solar Power Benefits
Reduces energy costs. A solar power system can reduce or eliminate your electricity bill. If you choose not to go solar, your electricity rates will simply continue to escalate indefinitely. But companies that go solar protect themselves from spiking electricity costs because they only pay for the fixed cost of the installation. Once the cost of the installation has been met, the energy produced by the system is free.
Installing a solar power system is the equivalent of prepaying for 40 years of power at a fraction of the cost you currently pay.
A solar system will not only provide your company with protection against rising electricity rates, but it will also give you the ability to forecast utility expenses far into the future.
Creates a positive public image. Generating electricity from solar energy means less consumption of fossil fuels, reducing pollution and greenhouse gas emissions. By switching to solar power your company will be doing its part to combat global warming and reduce our nation’s dependence on foreign energy sources. Becoming a “Green” business can be a great source of positive public relations and a useful marketing tool.
Qualifies you to obtain tax credits and rebates. Tax credits, both state and federal, rebates on the cost of installing solar power systems, loan programs and other financial incentives have been created to encourage businesses to generate their own solar power. These programs can pay up to 70 percent of the total system cost. be combined are available to homeowners in many areas.
Offers a good return on investment (ROI). Government incentives combined with recent decreases in solar equipment prices make the investment in solar energy a good financial decision for your business. An investment in solar power can generate quick paybacks as well as long-term savings.
Low maintenance, Solar panels have no moving parts, are extremely reliable and are virtually maintenance free.
Power Purchase Agreements (PPAs)
A solar Power Purchase Agreement, or PPA, is an alternative way to enjoy the benefits and cost savings of solar power without the upfront capital expenses required to build, operate and maintain the solar system.
A PPA is a long-term agreement to buy power from a third-party investor who builds and maintains a solar installation at the host customer's site. It enables the host customer to avoid the costs of building and maintaining his own solar energy system while providing him with consistent, predetermined electricity rates for the life of his contract, which is typically from 6 to 25 years.
Warranties
Greenskies backs all its installations with a 2-year warranty. Solar panels are backed by a 5-year guarantee and a 25-year warranty. Inverters are vbacked by a 5-year manufacturer’s warranty.
System monitoring and maintenance
Greenskies provides a wireless remote monitoring system to every commercial client. We offer clients two years of free monitoring services so that if anything happens to your equipment, our staff can quickly respond and protect your investment, activate warranties, and keep the system operating at maximum production. At the end of the initial 2-year period, the client can choose to either continue the monitoring service or cancel.
Greenskies also provides clients with two years of free scheduled maintenance. This includes a visit to the array for cleaning and a complete diagnosis.
What will it cost?
The cost of a commercial solar electric system will vary depending on the amount of power required and the availability of state and regional incentives.
Financing
Greenskies has built relationships with financial institutions to help expedite the financing process. If you choose to finance your solar energy installation, the payback period and ROI may be effected by your approved interest rate.
Greenskies will help set up your loan payments so that they are lower than the amount of energy savings your solar system generates so that you enjoy immediate electricity cost savings. Alternatively, all energy savings can be dedicated to servicing the loan.