As utility rates continue to increase, businesses have seen their company operating expenses skyrocket. If utility bills are a significant portion of your overhead then large increases in electricity costs will adversely affect bottom-line profit and the long term viability of your business. Installing your own solar power generating system can significantly reduce exposure to rising electricity rates. Electricity cost for on-site generated power can be accurately budgeted for short and long term expense. Morrow-Meadows customers that have chosen to install Solar PV systems now realize:
- Protection Against Rising Utility Rates
- Government Rebates & Tax Credits
- Attractive Rate-of-Return on Investment
- Renewable Energy Credit Currencies
Installing a Solar PV system for your business will greatly protect your company from unknown expense risk due to utility rate hikes. For some the current cost/unit of Utility provided electricity is already higher than that of electricity generated with Solar. Utility rate increases result in further realized savings over the life of the system.
Government and funding incentives now make investing in solar power a good financial decision. These incentives are designed to encourage businesses to generate their own electricity using Solar PV. Many service Utilities now have incentives in place for direct rebates, tax credits, accelerated depreciation, Renewable Energy Credits (RECs) as well as attractive loans and power purchase agreements making a switch to onsite power generation cost effective.
Contact us to learn more about how your company can benefit from the installation of an Alternative Energy System.
