Where environmental advocacy and ROI intersect
COMMERCIAL SOLAR ELECTRIC BENEFITS
For Long Island Commercial and Public Buildings - Save over 85% of initial investment with tax credits, incentives, MACRS
- Payback from day one with immediate energy savings
- Bonus & accelerated depreciation (MACRS)
- 3- to 4-year return on investment
- Increased property value
- Pay for actual demand, not ratcheted demand
- Sell surplus power to LIPA – tax free
- 25+ year system lifespan-no maintenance required
- Reduce your carbon footprint by limiting fossil fuel consumption
- Promote your environmental stewardship
- Support local jobs in the renewable energy industry
- Reduce reliance on foreign-sourced, non-renewable energy
How it Works
Solar Electric, or Solar PV, uses Photovoltaic (PV) panels that generate electric power to replace most or all of the electric power you purchase from LIPA. When your building isn’t consuming all the power the panels can produce, the surplus power is provided to LIPA and credited to your account. This “net metering” supplies no-cost electric from LIPA at night and during times of high demand. Click here for more technical information on solar electric power.
Solar Electric Savings
For typical savings with solar electric systems, please see our comparison charts and purchase incentives.
Contact an Energy by Choice specialist for the latest updates to see how much you can save.
