"Solar Technologies designed our system, handled every step in the process and their team performed exceptionally. I’m a big supporter of them and excited to be solar powered."
Tim Roche, Facilities Director
Oracle - San Francisco, CA
Power Your Business With Solar Energy
Commercial solar systems provide business owners with significant short and long-term benefits. You can save on operational costs, increase your profitability and build a more sustainable future. Solar power is now less expensive than the utilities, so not only will you start saving immediately but you can also receive tax benefits, recover your investment in 3-5 years and earn an annualized investment return ranging from 15-25%.
To recover your investment
Solar tax incentives
Average ROI
Warranty covers panels, inverters & racking
"Solar Technologies designed our system, handled every step in the process and their team performed exceptionally. I’m a big supporter of them and excited to be solar powered."
Tim Roche, Facilities Director
Oracle - San Francisco, CA
Solar Incentives
30% Federal Tax Credit
The federal solar tax credit, also known as the investment tax credit (ITC), allows you to deduct 30% from your federal taxes, with no cap, in the year the system is installed.
Tax Credit Eligibility
The Solar Investment Tax Credit (ITC) for commercial solar projects increased to 30% in August of 2022 as part of the Inflation Reduction Act. The ITC is currently set to expire in 2032.
100% Federal Bonus Depreciation
The U.S. tax code allows for you to depreciate your system with 100% bonus depreciation in the first year under the Tax Cuts and Jobs Act of 2017.
5 Year California MACRS Depreciation
California business owners may also be eligible for MACRS 5 year accelerated depreciation schedule with 50% bonus depreciation in the first year.
Disclaimer: This information is not intended to serve as official financial guidance. Readers interested in installing solar products should use their best judgment and seek advice from a licensed tax professional before making any purchase or investment.
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Commercial Solar Energy Savings
With rising utility prices and a decrease in the cost of solar equipment, solar power is considerably less expensive than what you are currently paying the utilities.
3-5 Year Payback
The significance of your solar energy savings, paired with your substantial tax incentives, will allow you to pay off your solar systems in 3-5 years. After that, you will benefit from decades or clean, reliable and free solar electricity. Our average commercial customer saves more than $1 million in energy costs over the 25 year guaranteed life of the system.
15%+ Investment Return
Solar energy is an excellent investment for any commercial or nonprofit entity with returns that outperform any major asset class and exceed normal capital budgeting requirements. Solar power systems regularly deliver IRRs of 15%+ and do it with less risk than most other investment options.
Compelling Net Present Value
Net Present Value may provide the most straightforward understanding of the financial benefits from solar because it’s in present-day dollars. When clients compare an investment in solar against their other available options, solar systems typically yield NPVs that are hundreds of thousands of dollars higher than they expect. There are few options available that look as attractive.
The Process
At Solar Technologies, we’ve perfected the art of turning your complex energy usage and rate schedule data into a simple proposal so you can evaluate solar power for your organization in a few short minutes. If you decide to move forward, we’ll be with you every step of the way.
1. Feasibility Analysis
We conduct a full feasibility study analyzing your historical electrical usage, load profiles, usage patterns, utility billing data and areas of inefficiency to determine if solar is right for your organization.
2. Design & Engineering
Our in-house team of experts custom design solar power systems based on our feasibility study and your facility, financial objectives, sustainability goals and the applicable building codes. We use industry leading modeling and design software to ensure the accuracy of our work.
3. Financing
Our consultants work with you to determine the best financing options based on some of the following objectives: immediate cash flow, long-term savings, system ownership, third-party ownership, tax appetite, etc. Once you decide if a loan, lease, PPA or cash purchase is best we competitively bid providers to get you the best rates.
4. Construction
Our experienced teams of highly trained PMs, superintendents, foreman, electricians and installers will coordinate with your staff to install your system in a safe and efficient manner with minimal impact to your facility.
5. Performance Monitoring
We provide real-time online monitoring to ensure that your solar power system is operating properly and generating reliable solar savings.
6. Maintenance & Support
At Solar Technologies we also have dedicated maintenance and support teams ready to service your system and keep it performing to its full potential.
Installation Options
Top Businesses Choose Solar Technologies
Top Businesses Choose Solar Technologies