How Much Do Commercial Solar Panels Cost?
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The average cost of commercial solar panels depends on the number of kilowatts you need to cover your energy consumption. On average, commercial solar panels cost about $325,000 with average prices ranging from $50,000 to $600,000 in the US for 2020. According to EnergySage, "The cost of a solar panel system is usually measured in dollars per watt. The average commercial system was priced at $2.87/Watt before any rebates or incentives, with most quotes ranging from $2.50/Watt to $3.22/Watt". Commercial solar panels are priced at around $2.87 per watt with prices ranging from $2.50 to $3.22 per watt before tax incentives and rebates.
Average Commercial Solar Panels Cost
How Much Do Commercial Solar Panels Save on Electricity?
Businesses Can Pay Off Their Solar Panels Fast With Tax Credits
Commercial Solar Installation Costs Are Cheaper Than Ever
How Much Do Commercial Solar Panels Cost in Arizona?
Alternative Energy, LLC Can Help With Commercial Solar Panels in Phoenix, Arizona
The average commercial solar panel cost for 100kW solar system in the US is about $325,000 with average prices ranging from $50,000 for a 25kW system to $600,000 for a 250kW solar system.
Prices based on a average cost of $3 per watt
Small Commercial Solar Panel Cost (25kW): Avg: $50,000
Small-Med Commercial Solar Panel Cost (50kW): $100,000
Medium Commercial Solar Panel Cost (100kW): $300,000
Large Commercial Solar Panel Cost (250kW): $600,000
These prices include the federal tax credit of 30%
Commercial facilities that installed solar panels reduced their monthly electricity bills by an average of 75%, reducing their monthly utility bills from $2,000 to $500, resulting in $1,500 monthly savings. It takes an average of 3-7 years to pay off your commercial solar system and business owners can enjoy 25-35 years of free electricity.
There are awesome commercial solar tax credits and incentives that make paying back the cost of commercial solar happen faster than ever before.
The general tax credit will save new solar installers up to 30% of the cost of your commercial solar panel installation.
Some states like Arizona even offer a 10% tax credit to help offset the cost of commercial solar panels.
Accelerated Deprecation
Commercial facility owners are allowed to deduct up to 85% of the total value of their solar system from the business taxes. This provides a huge way to offset the high cost of commercial solar panels.
Commercial solar panels are more affordable than ever. According to SunPower, "the installed cost of solar panels has dropped between 6% and 12% every year since 1998, with the most dramatic decreases taking place after 2009".
Lock-In Power Costs For Years
Read more about the benefits of solar panels for business.
Read more about why businesses should go solar.
On average, commercial solar panels in Arizona cost about $2.25 per watt to install solar panels on a building. However, if you want to build a parking lot structure for solar panels, you can expect to pay upwards of $2.50 to $3.50 per watt. Learn more about solar panels cost in Arizona.
Alternative Energy, LLC is Phoenix, Arizona's premier commercial solar company helping small to large businesses go solar. Save up to 99% on electricity with commercial solar panels and other commercial energy-saving products. Get a free commercial solar quote! Learn more about the benefits of solar panels for business.
Alternative Energy, LLC offers affordable solar panel installation, off-grid solar systems, residential solar panels, solar batteries for home & business, solar air conditioning, solar carports & canopies, commercial solar panels, solar EV charging stations, solar panel removal and reinstall, solar panel repair, and other very effective energy-saving products & services. View our solar financing options. We offer solar panel installation all over the entire United States.
Commercial Solar Power, Solar Energy
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