Utility costs are one of the largest expenses of a business. As your business grows, the greater your business’ energy consumption. With RAM Electrical Systems, we want to help you reduce those costs!
Solar will substantially reduce your electricity bill. The U.S. Energy Information Administration has reported that the average commercial electricity rate is about 10.59 cents per kilowatt-hour as of early 2023. By generating your power, your company will have the power to protect itself against rising utility rates. Your businesses can save thousands to millions of dollars over the lifespan of the solar system.
Your business can benefit from federal tax incentives like the Investment Tax Credit (ITC), which provides a 30% tax credit for solar systems on commercial properties. There are also plenty of state incentives like local utility rebates or property tax exemptions to help further reduce your net cost.
Solar power will provide your business with greater energy independence, reducing your reliance on the grid and protecting you from power outages and fluctuations in energy supply. With increasing concern over climate change, businesses are under pressure to reduce their carbon footprint. Solar power is a clean, renewable source of energy that can help your company achieve sustainability goals and demonstrate your commitment to environmental stewardship.