Commercial Solar
We have the expertise and innovation to find the ideal commercial solar power solution for your needs.
At Icon Solar Power, our passion is helping businesses implement efficient, eco-friendly, and affordable energy alternatives. Regardless of your company’s size or specialty, we have the expertise and innovation to find the ideal commercial solar power solution for your needs.
Why Should Businesses Switch to Commercial Solar Power?
Switching to solar power pays off in large dividends. It’s an investment that improves your margins and is a practical choice for your company’s bottom line. Apart from the immediate reduction in your monthly utility bills, there are also federal, state and local tax credits and rebates, along with many local, low-interest loans and other incentives for installing solar power.
Ready to Learn How Commercial Solar Power Can Save You Money?
Join the movement of large and small companies switching to commercial solar power. If you are ready to invest in an eco-friendly power source with long-term returns, contact us today. Our solar experts will be happy to answer any questions you have about the process of commercial solar installation and provide you with an estimate. Icon Solar serves Ohio, Kentucky and Indiana.
Steps to Solar
1. Consultation
Your solar consultant can help you find the best way to invest in your future energy savings while benefiting the environment. We will initially collect your electric bill to determine your usage and cost of electricity. We will then discuss your goals, budget, and timeline for your project, as well as your electrical service to determine the best equipment for your project. Once you are ready, we will enter into a contract and begin the design work.
2. System Design
Our system design experts will take care of designing your system using cad drawings. They will schedule a site visit to evaluate the site and confirm the assumptions made by the consultant. Once the layout is approved, we will submit the permits to the appropriate AHJ. We will also complete the application for interconnection on your behalf to send to the utility for the correct metering. Sometimes a feasibility study is required by the utility to confirm the system size is appropriate for your application.
3. Installation
Our team has the expertise and experience to design and install state-of-the-art, fully customized, turnkey systems. When planning commercial solar projects, we maintain our focus on the customer’s building, timeline, and work schedule to ensure the best results in a timely manner. After installing your system, we will remain available to answer questions and help with any maintenance needs, giving you peace of mind and helping you get the most out of your solar energy system.
4. Savings
When you purchase a solar system for your business, your business could receive a tax credit equal to 30% of the cost of the solar system. This is a credit, not a deduction, so the taxes payable by your business or its owners will be reduced by an amount equal to the credit, enabling your business to recover 30% of its investment in solar on its federal tax return for the year of the investment. Your solar system qualifies as 5-year property under the Modified Accelerated Cost Recovery System (MACRS), enabling your business to depreciate the entire adjusted basis of its solar system in just five years even though the expected life of the system is much longer. Make sure to consult your tax professional to confirm that you are eligible to take advantage of these incentives. Your bill will instantly be reduced once you turn it on and the solar starts to produce energy. Over the long term, a solar power generation system will provide an attractive return on your investment. Once your solar system is paid off, you have free, clean energy for the rest of your life, while your utility bills will never end and even go up over time.
Incentives
We can help you find the best way to invest in your future energy savings while benefiting the environment. We cannot give you tax advice so you should consult your own tax advisor, but here are some of the financial benefits other businesses have received from investing in solar.
Federal Tax Credit
If you purchase a solar system for your business, your business could receive a tax credit equal to 30% of the cost of the solar system. This is a credit, not a deduction, so the taxes payable by your business or its owners will be reduced by an amount equal to the credit, enabling your business to recover 30% of its investment in solar on its federal tax return for the year of the investment.
Accelerated Depreciation
Your solar system qualifies as 5-year property under the Modified Accelerated Cost Recovery System (MACRS), enabling your business to depreciate the entire adjusted basis of its solar system in just five years even though the expected life of the system is much longer.
Other Incentives
Your state or local governments or even your local utility may offer tax credits, renewable energy credits, grants, tax abatements or other incentives that can make an investment in solar even more powerful financially. We can help you identify and apply for these incentives, which will vary based upon the location of your business.
Purchase
Ownership of a solar power generation system will provide the quickest and highest returns on investment to your business. We will work directly with you to identify any government incentives, rebates, and tax credits you may receive for your purchase. Our solar services have incredible financial and environmental benefits, and we are committed to bringing solar into your business while respecting your budget. We can also help your business obtain financing for its investment in solar.
Why Use Icon Solar?
Icon Solar Power is one of the Midwest’s leading providers of solar energy. We don’t just power businesses, we build relationships. When you partner with us, we’ll take the time to fully understand your company’s energy needs, and to address all of your questions and concerns.
We also understand business. As much as we want to help all businesses achieve environmentally friendly energy solutions, it simply must make economic sense! Our team of experts will help identify all tax and other incentives available to your business and work with our design team to develop a solar power solution that maximizes the benefits to your business.
Ready to Talk about solar power?
Now that you know about the benefits and possibilities of solar solutions, schedule a consultation with our expert team. We welcome the opportunity to help you discover solar energy as a pure, affordable alternative to unclean energy and rising electric prices.