Why Your Texas Business Should Go Solar Now
In recent years, business solar in Texas has become increasingly popular. Businesses view solar energy as a way to reduce their energy bill, especially when price fluctuations are a major problem. By investing in Texas business solar, you can improve your property value, save money on electricity, and improve your carbon footprint.
Benefits of Solar for a Business in Texas
While cost is the biggest advantage to getting solar for a business, there are other reasons to get solar panels installed. If you’ve been thinking about investing in solar energy, a few incentives and government programs can also help your transition.
Reduce Your Electricity Consumption
The major reason you should get business solar in Texas is to reduce the amount of electricity you use. The average company spends $2,000 a month on electricity. When you switch to solar panels, you can reduce your electricity consumption to as little as $500 a month.
Attract More Clients
By getting solar panels for a business, you can show clients you are supporting the environment and reducing your company’s carbon footprint. Being a green company is a way to add product value for your clients.
Get a Great Return on Your Investment (ROI)
After you get business solar in Texas, you can generally expect to earn your money back within three to four years. Your investment pays for itself through lower energy bills and a higher sale price if you decide to sell the building.
Improve Cash Flow
As soon as you get TX business solar, you can free up your cash flow. Instead of spending thousands of dollars each month on electricity, you can invest in a new product line, market to new clients, or hire new team members.
Why Your Business Should Go Solar Now
Going solar in Texas has always been a profitable choice. Now, it is an especially wise investment because of government programs, tax perks, and other incentives.
While Texas doesn’t have a state program for solar incentives, individual municipalities do. Austin Energy, for example, will give people cash incentives worth thousands of dollars for installing solar energy.
You can also get money back through net metering. Basically, this technique allows you to sell all of the excess power you produce to the power grid. Then, this excess production can reduce the amount you have to pay.
Finally, you can also enjoy some federal tax incentives. Right now, the federal solar tax credit can decrease your federal tax bill by 26 percent of the amount you spend on installing business solar in Texas. The tax credit will eventually end, so right now is a good time to take advantage of it.
Learn More About Business Solar in Texas
Texas business solar can help you improve your bottom line and reduce your utility costs. If you are considering business solar in Texas, we can help. To learn more about how we can satisfy your solar needs, reach out to Fusion Power today.