For businesses in Central New York, reducing operating expenses is crucial. With solar energy, your company can control electricity costs while benefiting from powerful financial incentives. Here’s how:
1. Lower Electricity Bills
Commercial properties often have large energy demands, and utility rates continue to fluctuate. By installing solar panels, businesses can generate their own power, significantly reducing or even eliminating monthly electricity costs.
📉 Example Savings: Many businesses see their energy expenses cut by 50-90%, depending on system size and energy consumption.
2. Tax Credits & Financial Incentives
Going solar isn’t just a smart choice—it’s highly incentivized. Businesses can take advantage of:
💰 30% Federal Investment Tax Credit (ITC) – This allows businesses to deduct 30% of the total cost of their solar system from their federal taxes.
💰 MACRS Depreciation Benefits – Businesses can depreciate the cost of their solar system under the Modified Accelerated Cost Recovery System (MACRS), which significantly reduces tax liabilities.
💰 New York State Incentives – Additional rebates and incentives are available through NYSERDA, further lowering the upfront cost of commercial solar installations.
3. Fast Return on Investment (ROI)
Solar panel systems typically pay for themselves within 3-7 years, depending on system size and energy usage. With solar panels lasting 25+ years, this means decades of free electricity and thousands of dollars in savings.
How Solar Improves Business Sustainability
In addition to financial benefits, going solar enhances corporate sustainability efforts—a key factor for attracting eco-conscious customers, investors, and employees.
✅ Reduces Carbon Footprint – Solar energy drastically cuts greenhouse gas emissions, reducing a company’s environmental impact.
✅ Meets ESG Goals – Many businesses are implementing Environmental, Social, and Governance (ESG) policies, and solar power plays a major role in meeting these sustainability goals.
✅ Attracts Green-Minded Customers – Consumers are more likely to support businesses that are committed to sustainability. Advertising your solar-powered operations can improve brand image and customer loyalty.
Industries That Benefit from Solar Energy
Solar power is a versatile energy solution that works across various industries:
🏢 Retail & Office Buildings – Lower operating costs and meet sustainability goals.
🏭 Manufacturing & Warehousing – Offset high electricity usage and reduce overhead.
🚗 Auto Dealerships & Service Centers – Power large showrooms and service bays efficiently.
🏨 Hotels & Restaurants – Save on high energy demands while attracting eco-conscious guests.
🌾 Farms & Agricultural Operations – Solar can power irrigation systems, barns, and processing facilities.
Why Choose Alternative Power Solutions of New York?
At APS, we make the switch to solar simple and hassle-free for businesses.
🔹 Custom Solar Design: We assess your business’s energy needs and develop a tailored solar solution.
🔹 Turnkey Installation: From permits to installation and grid connections, we handle everything.
🔹 Maximizing Incentives: We ensure you receive every available rebate, tax credit, and financing option.
🔹 Ongoing Support: Our team provides maintenance and monitoring to ensure your system operates at peak performance.
Start Saving with Solar Today!
Ready to lower your energy costs and future-proof your business with solar? Contact Alternative Power Solutions of New York today for a free consultation!
📞 Call us at 315.314.6930
🌎 Visit us online at APSofNY.com
Make the switch to solar and start saving while building a sustainable future for your business!