SunPower for Business and Government

Time is money, it’s true. And in the case of energy, time costs more money every year. Electricity rates go up year after year, and are impossible to predict. Investing in solar now protects your business from price volatility. Depending on your location and whether you choose to buy or lease your solar system, you can lock in low electricity rates for 20 years or more, and even eliminate 100% of your electricity bill.

While it may sound daunting to learn about an entirely new form of energy, we are here to help. SunPower has helped thousands of organizations just like yours go solar. We will guide you through the steps to taking your business solar - which are simpler than you might imagine.

For any business, finding new sources of capital to reinvest in the company can be difficult. Solar saves your business money that would otherwise be spent on utility bills. The bottom-line benefits are undeniable. According to a 2016 SunPower survey, 87% of business respondents cite saving money as one of the primary reasons for funding solar projects—with some projected to save hundreds of thousands of dollars (or more) in electricity costs over the life of their commercial solar panel system.* That’s money that directly impacts your bottom line.

Choosing to go solar isn’t just a financial decision. It’s an environmental choice. Businesses that cultivate a focus on sustainability are experiencing powerful brand effects. A solar panel system on your business makes a strong statement to your customers. Their relationship with your brand grows. Employees walk just a little bit taller knowing the business they work for is running on clean energy. Study after study shows that sustainability isn’t just good for the planet; it’s good for business.* 

The truth is, more people are going solar now than ever have before * Fortune 500 companies have installed solar at nearly 2,000 individual project sites nationwide.*. Top corporate brands like Target, Walmart and Apple are adding solar at an impressive rate, and the influence these brands wield on consumer lives means more people are opting for clean energy of all kinds.

The longer you wait to think about solar, the more it costs your business. Commercial prices for solar have decreased 58% since 2012.*  However, recent policy decisions suggest we may be nearing the bottom of that downward trajectory. 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)*. However, the ITC rate will decrease to 26% in 2020, 22% in 2021, and 10% after 2021. Meantime, electricity prices continue to increase year over year. The sooner you decide to go solar, the more you can save.