If you are a small business owner, you are likely considering ways in improving your business continuously. Your budget might not be endless so it is important that you will have ideas on how to improve your company but this eco-friendly improvement maybe out of your budget’s range and because of this, most small business owners tend to refuse switching to solar energy at the moment and will wait for their business to grow.
Switching makes the Tax Incentives more Affordable
If you switch to using solar energy this year could save you a lot of money because of the federal corporate tax credit that is running until next year. if your business could switch before December 31, 2019, your business will become eligible in receiving a 30% rebate in the cost of the transition making. There are also other tax incentives you can take advantage by switching to solar power, you can also deduct from your business taxes up to 85% of your solar power system’s value. Having these significant incentives, it becomes more affordable in making transition to solar energy.
Show that your Business is Committing to Sustainability
Most buyers like the services and products that are powered by the sun that is why many of those businesses won large contracts. This becomes switching into solar energy a great way in attracting new customers and at the same time keeping your current customers back. Today, most of the customers are more interested in a sustainable and eco-friendly business practices and by showing them that you are really committed in reducing carbon footprint while creating a more sustainable business could have a vital positive impact on your sales and customer experience.
Reducing Your Business’ Operating Cost
Solar power systems are paying for themselves over time by reducing your utility cost. But this depends on the system you are using, you can greatly reduce your business’ utility bill or maybe you could eliminate it entirely. And the facts that in some areas, you could even get a rebate for switching to solar system if you can use less energy that your solar system could produce. And even without rebates, just in the huge reduction of your electric bill every month could create a big impact on your budget.
Solar power system is not only efficient but also the best investment you could ever think of. Just think of the rates of those power companies, it is not fix and always rise unexpectedly. You won’t notice this increase because it’s very small amount but in the long run, you will notice that those companies are charging you more compared to the previous year but in using the solar power, you will only pay once, just for the equipment and solar installation austin and you have a free electricity as long as your solar power system is operational.
Improve your real estate investment
If you have purchased an office space or maybe improving your home, switching to solar could increase the value of your investments. This could help you if you are planning to sell your property, you will not only sell it faster but also with higher market value than before.