Commercial & Industrial
Solar Benefits
Whether it's your goal to maximize benefits or provide positive cash flow, we can help determine a package that delivers the financial results you desire.
Solar Security
You can own your own solar system for $0 down and a lower monthly payment than you pay to your utility company.
Solar Incentives
In addition to federal incentives, each state may have its own renewable energy incentives.
Solar Questions?
If you have any questions, feel free to contact our trained staff. We will be happy to help!
Helping You Find A Successful Solar Panel Solution
Feel Like It’s Time For a Change?
Quality Solar is Michigan’s preferred solar panel installer. We specialize in solar panel installation for commercial and industrial uses so you can start racking up savings from government benefit programs, protect against rising utility costs, help the environment, and even increase the value of your home.
Some industries operate in areas without easy access to energy sources. Solar energy is very beneficial, because it’s a renewable energy source that can be generated in remote areas at a low cost.
Commercial solar power systems are becoming more popular due to their ability to save you money. Reduce the environmental impact of your business and enhance your brand by choosing clean, renewable energy.
Accelerated Depreciation
Under the Modified Accelerated Cost Recovery System (MACRS) of 1986, solar equipment is eligible for a cost recovery period of 5 years. Only 85% of the project’s value depreciates, or half of the ITC.
MACRS is a vital tool for businesses to recoup costs over a property’s operation. It allows companies to subtract over five years of tax liability and boosts the rate of return on a solar investment.
In 2010 bonus depreciation was added to further incentivize capital investment. This perk enables companies to depreciate solar equipment by 50% the first year and then further depreciate under MACRS. This 50% bonus is good until 2018, then drops to 40% in 2019, 30% in 2020, and then ends.
Grants
Renewable Energy for America Program – (REAP) grants are part of the Energy Title of the 2014 USDA Farm Bill. It provides grant and loan guarantees to agricultural producers and rural small businesses to help purchase renewable energy systems. It also supports energy efficiency improvements and beneficial studies for renewable energy. For qualifying businesses, a REAP grant can be sought from the United States Department of Agriculture. If approved, 50% of the project cost is settled by the grant.
Investment Tax Credit
Federal tax credit of 30% of total project cost with no cap on the amount a company can claim. The ITC may also be rolled forward into the following tax year if it cannot be used in the current year.
FAQ
How Do I know If Going Solar is Right For Me?
At Quality Solar, we consider our primary customer service to be education. Once our customers understand solar as it is applied to their unique situation, they can then make the wise decision to go forward. Please contact us with any questions you may have, and we will respond within two business hours.
The reliability of using solar for commercial energy makes it a smart investment.
Sustainable green buildings lower operating and maintenance costs by $50 to $70 per square foot. Currently, solar system installations are at an all-time low. Now is a good time to reduce your building’s operating costs.
Solar enables you to insulate your business against the instability within the energy markets and against annual escalation rates. The nonrenewable nature of fossil fuels often leads to market problems such as sporadic fluctuations in energy prices. However, the sun is a sustainable and renewable source of energy, providing potential independence from the fuel market.
We are in an age of greater social conscientiousness towards environmentalism and people generally desire to support businesses that make a positive contribution to society. Building brand awareness, generating positive publicity, and promoting sustainability practices come along with going solar. It shows that a business is committed to operational efficiency and expresses that a company is environmentally responsible.
Remote Electricity Supply
We have a number of off-grid products that can supply power to remote locations, such as solar trailers for charging and lighting, as well as solar powered monitoring stations.
Peak Demand / Time of Use Charges
If your business runs multiple shifts and you find that charges are very high during certain times, you can likely offset that with solar.
Solar Thermal
Solar thermal collects heat right from the sun and delivers it at a desirable temperature for commercial and industrial uses.
Loans
There are a number of loan programs available where the customer can borrow some or all of the required capital.
PACE: Property Assessed Clean Energy is a financing structure that provides funding for efficiency improvements and renewable energy projects. PACE programs help pay for the upfront costs of green initiatives, such as solar panels. Their goal: To reduce local greenhouse gas emissions by offering affordable loans so owners can enjoy energy efficiency as well as clean the air.