Solar technology is cheaper than ever, while conventional electricity rates continue to rise. Armed with government incentives and tax breaks, your company likely stands to benefit from a solar energy system. Internal rates of return of 15, or even 18, percent are not unheard of. Moreover, more and more executives are looking to solar to address corporate Environmental, Social, and Governmental (E,S,G) risk management programs.

Here's why today is the best time to invest in a solar future:

• Technology: Solar electric, or photovoltaic (PV), systems are reliable, gaining efficiency, and adaptable. Their modularity allows a customer to expand a system size or add more efficient panels in the future.

• Qualified Vendors: Solar installation is now an established trade. Companies can get competitive bids from multiple qualified installers who specialize in their type of project ensuring the best solution and optimal price.

• 30% Fed Investment Tax Credit: The federal government offers a renewable energy tax credit worth 30% of installed system costs as an incentive for installing renewable energy systems. The credit is available to both individuals and businesses.

• Modified Accelerated Cost Recovery System (MACRS):  Allows for an aggressive depreciation schedule over five years of the system capital expense.  

• Federal Funding: Eligible companies can apply for U.S. grants (up to 25% of system costs) or guaranteed loans (up to 50% of system costs) to subsidize their project. 

• Energy Price Inflation: Solar energy systems can reduce your company's exposure to peaks and valleys in the price of electricity.
  

• Customer Appeal: With increasing awareness about global climate change, customers respond positively companies that incorporate environmental initiatives into the way they do business. 

• Social Responsibility: Using solar power reduces your company's carbon emmisions. In the US, fully 50% of electricity comes from burning coal, one of the most damaging emitors of CO2.

Please take some time to explore GetSolar.com. Learn about the technology behind solar power. Review case studies of companies that have made the choice to go solar. Browse our blog and newsreader and see what’s going on in the renewable energy community. And, when you're ready, search for qualified solar professionals near you. Once you have made the decision to look seriously at renewable energy technology for your organization, GetSolar.com can help you take the steps necessary for making your project a reality.

If you've got any questions or want more information, fill out our Getsolar Getsolar information form for professional, one-on-one assistance.

Keep reading below for a host of articles on business-related aspects of solar energy.

Introduction to Commercial Solar   Why Solar Makes Good Business Sense   Solar for Companies of All Sizes   Three Reasons to Get Solar   CSR and Responsible Energy   MACRS   Federal Incentives for Solar   Solar's Rate of Return