Commercial Solar Panel Systems
Solar power for business is an even much bigger ‘no brainer’ than it is for homes. Businesses use much more power, and the tax incentives are much higher. Typically, a business solar panel system pays for itself in 3 – 4 years. At Solar Harmonics, we generate a custom proposal that evaluates the total electricity costs for the year, and then we work with the business owner where we can install solar panels.
In general, a rooftop solar panel system will breakeven in just 3 – 4 years. We also do covered parking (who doesn’t love covered parking in the summer?), but the breakeven time is 5 – 6 years. But why don’t more businesses have solar on their properties? From a financial perspective, solar is a no-brainer, so the issues often become political (not everyone on the board agrees to go solar), aesthetic (don’t like the look of solar), or just that other business gets in the way of the solar decision.
Years in Business
Gigawatts of Solar Installed
Our Process is Simple
For property owners who operate in their own building, solar is is a slam dunk. The way commercial real estate is valued is by the building cash flow. So, as solar decreases the electricity expense, net income increases, and those profits flow to the net cash flow. That annual cash flow, not including the tax incentives, divided by the market cap rate, generally show a $100,000 investment in solar power returns a building increase of $400,000 from the first day of operation.
For triple net building owners, where the tenants pay the electricity bills, solar is still a great investment. Before solar, the tenant is writing one check to the landlord for rent, and another check to the utility for electricity. What if a portion of the electric bill could be moved to the landlord? Now, the landlord is making money from the rent and the electricity costs. And once the solar is paid off, the solar panels do not stop producing. The payments from the tenant keep flowing to the landlord, so going solar, once again, increases the value of the building from the first day.
There are countless other green benefits for building owners to go solar from the political to employee retention and recruitment, to simply having shade in the parking lots that every building owner should strongly consider going solar.
We chose Solar Harmonics as our installer due to their astonishing Diamond Certified Rating. Our sales consultant was very knowledgeable and straightforward in explaining the pros and cons of having solar at this time due to future electricity rate hikes we are expected to get by the end of the year. We want to take advantage to lock in on current rates than pay the future rates in kwh.
Solar Harmonics install team did an incredible job installing the 19 solar panels at 300w rating. We also installed an Ev plug connection in our garage. They matched the paint color on the conduit to our trim color so it blends in so well we couldn’t tell there was an installed conduit.
I would recommend Solar Harmonics again and again. We took less than 4 weeks to plan, install, and connect to the grid to start saving money on electricity. Thank you Solar Harmonics for making this all happen.
I am a 64 year old home owner who worked for 30 years as an aircraft quality engineer. I have never written a review for any product or service, but I am compelled to do so for Solar Harmonics. The service was first class. Any and all emails were answered promptly, most in a matter of minutes. The job of installation was completed professionally with little or no intrusion into my lifestyle. The price for the job was extremely reasonable. Do not go with the big corporate solar installers. You will pay twice as much and get half the service for the same product. A special thank you to the owner of Solar Harmonics who was always there to help with any issues that I had.
Don’t think twice. Use Solar Harmonics as your solar installer.
After shopping around for solar systems, I found Solar Harmonics on YELP, and based on reviews I decided to contact them, their response was fast and he took the time to explain all the options available and financing options, Solar Harmonics’ team are quick at responding e mails or any questions. Crew did an amazing and clean job, they even painted all conduit pipes! I just provided paint for stucco, I would highly recommend Solar Harmonics!