by Tim Montague
March 13, 2017
The Future Energy Jobs Bill of 2017 (SB 2814) will incentivize $12-$15 billion in construction of solar and wind energy projects. This means huge potential savings for owner occupied commercial facilities. But only if you act before the incentives go away. Right now we have strong State and Federal Incentives that allow business owners to realize an 85% discount on solar PV projects. These incentives will not last so act now and order your no cost, no obligation solar savings assessment today.
There are three reasons solar makes good business sense in Central Illinois: a) The cost of the technology has come down 75% since 2010; b) State and Federal incentives combined with accelerated depreciation reduce equipment costs by 85%; and c) there are low and no-cost ways to finance solar projects to benefit your bottom line.
Solar panels are semi-conductor based technology that convert sunlight into electricity; learn about solar PV here. You install the panels on your rooftop, parking lot or open field, and they produce electricity that feeds into your facility, offsetting some large percentage of your power consumption. Your utility buys back any excess power. Going solar levelizes your long term cost of energy. Without solar, the cost of electricity will increase at 2.5% per year which adds up to a 38% over 10 yrs. If you pay thousands of dollars a month, cutting that bill in half or more means real savings.
Money saved is money earned and solar panels give business owners the power to own their production. There are many additional benefits of solar too. Solar is a clean source of energy so there is no air pollution from solar power systems unlike coal and natural gas fired power.
How to Go Solar – what does it take?
The process for going solar is easy. We review one year’s worth of power bills and produce a preliminary solar savings assessment. The assessment gives you options to purchase, lease or engage in a power purchase agreement. Your greatest savings will be achieved by purchasing a system but significant savings can be had through leasing and power purchase agreements.
Secure your no cost, no obligation solar savings assessment today. Just email email@example.com or fill out this form. We will contact you within 24 hrs. Thank you, Tim Montague, Commercial Solar Developer 217.722.0429 firstname.lastname@example.org
More About the Future Energy Jobs Bill and Commercial Solar
The Future Energy Jobs Bill funds the installation of 2700 megawatts of solar power which is a 5,000% increase over the current 55 megawatts. This translates into 415,000 residential solar installations or 77,000 commercial projects that will be built between now and 2030. The Bill creates a cash incentive that is raining down on Illinois in the form of SRECs (Solar Renewable Energy Credits). Those communities that participate in the program will benefit. It creates jobs, saves business owners money that they can use for growth and innovation. Why not learn how you can take advantage of this generous program? Schedule your free consultation today.
Solar power offsets the cost of electricity by 50-75%. Solar panels make electricity from sunshine, so the feedstock is free. If you pay power bills, you can benefit from solar power; the larger the bill, the larger the benefit. I have clients that are saving $2.5M per year by installing solar. But the biggest incentives will end by 2020 so act now. The Future Energy Jobs Bill also funds:
- Earmarks for commercial, industrial and utility scale projects that total 78% of the funds
- All paid for by ratepayer fees, NOT tax dollars
- Brownfields to Brightfields – Supports the reuse of landfills and industrial sites as solar farms
- Economic development and job growth: fuels $12 to $15 billion in renewable energy projects
- Protecting Net Metering: compensates solar power owners in a fair and consistent manner
- Solar For All: designates funds for low income job training and renewable energy projects