I have heard that Solar PV systems are costly. Do they actually make sound economic sense to me as a business or commercial property owner?
Yes. Today you are witnessing more businesses installing solar PV systems than ever before and the reason is simple. They make financial and economic sense. California offers cash rebates offsetting the initial costs of installation and accelerated depreciation. The Federal government offers an investment tax credit and accelerated depreciation. The impact of these incentives on the final cost of the system to a business owner is significant. These financial incentives are very enticing on their own but should not distract a prospective customer from recognizing the inherent benefits of a Solar PV system: You will be reducing your monthly utility expenditures for the life of the system. It is clear that we are living in times of very uncertain energy supplies as has been evidenced by record petroleum and gasoline prices. Electricity rates historically are impacted by oil prices along with every other form of energy we consume in this country. Rates will only rise in the future and a so
