Join the hundreds of businesses
who choose Maxeon solar panels

Electricity prices continue to rise, making grid energy (and the status quo) less and less appealing for businesses. Fortunately, between the 30% ITC and 20% MACRS, businesses can cut their solar investment costs by 50%. When you install a solar system now, you will get a lower cost of energy and protect your business against future rate hikes.

The cost of a solar system will vary depending on the quality of equipment and installation firm you choose. At the end of the day, solar should deliver a lower cost of electricity. That’s why, when evaluating solar, you want a panel that guarantees the lowest price per kilowatt hour (kWh), not the cheapest price per watt (PPW). Savvy CFOs understand that cost/kWh is a far better indicator of long-term value and savings than simple PPW.

The solar payback period is the time it takes for your system’s energy savings to cover the cost of installing the system.

The Federal Investment Tax Credit (ITC) allows business owners to receive a credit of 30% of their total solar energy system costs. And the Modified Accelerated Cost Recovery System (MACRS) depreciation tax code enables businesses to further drive down costs. You’ll want to work with a local installer who understands all the tax benefits, including any state and local incentives that are available to you.