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Industrial solar panels installation.
However the itc rate will decrease to 26 in 2020 22 in 2021 and 10 after 2021.
The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
Commercial and utility scale solar installations are largely responsible for giving solar the title of cheapest energy resource in the world.
The solar panels used in commercial and industrial scale installations are larger than residential panels.
There are three main categories of solar panel installation.
The typical commercial solar installation uses 96 cell or greater solar panels meaning each panel is made of 96 or more individual solar photovoltaic cells.
For bigger manufacturing facilities a commercial solar installation will be bid at a very affordable rate which guarantees a fast break even point in potentially just a few years.
The federal investment tax credit itc for solar is equal to 30 of the amount invested in an eligible installation e g if you invest 100 000 in solar you could receive a 30 000 tax credit.
Whether you are looking to cut costs reduce your carbon footprint or secure your future energy supply we offer expert commercial solar installations with proven high yielding solar panels.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.