Average electricity rates for cost-effective users have increased more than 20 percent in 10 years, moving from $0.08/kWh to more than $0.10/kWh, according to the Solar Energy Industries Association. With the commercial sector consuming more than 1.3 trillion kilowatt-hours (kWh) each year, this price increase has resulted in tens of billions of dollars in additional utility bills. As a result, more and more organizations are looking to solar to help them substantially reduce energy costs.
Commercial Solar Incentives Stack Up Fast
When you stack all of these incentives available for profitable solar together you can see the net cost of your solar system drop to 26% of its turnkey price.