How Much Can Your Business Save with Commercial Solar Panels?

Businesses across industries are turning to commercial solar panel installation to cut energy costs, reduce reliance on utility providers, and take advantage of government incentives. With electricity prices continuing to rise, solar power provides long-term financial stability while supporting corporate sustainability goals.

At Aurora Energy, we help businesses transition to solar with high-quality solutions designed for maximum efficiency and return on investment. Whether you operate a retail store, warehouse, or office complex, understanding the costs, benefits, and best solar options is key to making an informed decision.

What Are the Costs of Installing Commercial Solar Panels?

One of the first questions businesses ask is: How much does commercial solar cost? The answer depends on several factors, including system size, energy usage, and location.

On average, the cost ranges between $1.50 to $2.50 per watt, meaning a 100 kW solar system could cost $150,000 to $250,000 before incentives. However, businesses can significantly lower upfront costs through:

Federal & State Incentives

The Federal Investment Tax Credit (ITC) currently allows businesses to deduct 30% of their total solar installation costs from federal taxes. Additionally, some states offer rebates and grants that can further reduce expenses.

Accelerated Depreciation (MACRS)

Under the Modified Accelerated Cost Recovery System (MACRS), businesses can recover installation costs more quickly by depreciating their solar investment over five years, leading to major tax savings.

Financing & Leasing Options

Many businesses choose solar Power Purchase Agreements (PPAs) or leasing options, allowing them to install solar panels with little to no upfront cost. These programs provide immediate energy savings while shifting maintenance responsibilities to the provider.

What Are the Best Solar Panels for Commercial Use?

Choosing the right solar panels for commercial buildings depends on efficiency, durability, and overall return on investment. Here’s how the most common types compare:

Monocrystalline Solar Panels

These panels offer the highest efficiency (18-22%) and a sleek design, making them ideal for businesses that want maximum power output in a limited space. While they have a higher upfront cost, they provide superior long-term savings.

Polycrystalline Solar Panels

A more budget-friendly option, polycrystalline panels offer efficiency levels of 15-17%. They work well for businesses with larger roof areas that can accommodate additional panels.

Thin-Film Solar Panels

Lightweight and flexible, thin-film panels are ideal for large commercial buildings or installations that require low-profile solar solutions. While they have lower efficiency (~10-12%), they perform better in low-light conditions.

At Aurora Energy, we help businesses choose the best solar technology based on energy consumption, available space, and financial goals.

Why Are Businesses Switching to Solar?

Beyond cost savings, commercial solar energy offers a range of benefits that enhance business operations and sustainability efforts:

1. Protection Against Utility Rate Hikes

Electricity prices have risen by over 20% in the past decade, and commercial solar panels help businesses lock in lower energy rates for 25+ years.

2. Sustainability & Corporate Responsibility

Consumers and investors increasingly support eco-friendly businesses. Solar energy helps companies reduce carbon footprints and strengthen their commitment to sustainability.

3. Net Metering & Revenue Generation

Many states allow businesses to sell excess solar power back to the grid through net metering programs. This not only offsets energy costs but, in some cases, creates an additional revenue stream.

4. Energy Storage & Power Resilience

Advancements in battery storage allow businesses to store excess solar energy for use during peak hours or power outages, ensuring an uninterrupted power supply.

Why Work with Aurora Energy?

With over 25 years of experience, Aurora Energy specializes in designing customized commercial solar solutions that optimize energy efficiency and cost savings. We handle every step of the transition, from consultation and system design to installation and ongoing maintenance.

Our team stays updated on the latest tax incentives, state policies, and financing options, ensuring that your business gets the best possible return on investment. Whether you want to reduce operating costs, meet sustainability goals, or gain energy independence, we make the switch to solar seamless and profitable.

Get a Free Solar Assessment Today

If your business is considering solar energy, contact Aurora Energy today for a free consultation. Our experts will assess your energy needs and provide a customized solar solution tailored to your goals.