Solar is once again the best investment for 2024
With energy bills increasing by 49.6% in the last three years and 72.5% since 2014, commercial solar is again arguably the best investment for businesses on the West Coast in 2024.
The crucial factor is that the payback period is typically between 2-3 years, and after that it's clear profit for the next 20+ years. That's remarkable by any measure.
So with the benefits of commercial solar by now pretty evident, the next question should be:
Why Now?
The main pressure in solar is the uncertainty around what will happen in 2024 with the Presidential election. The issue of the 30% Investment Tax Credit (ITC) for renewable energy projects has long been a political football, and the additional 10% that has come into play in 2023 is likely to be in the balance, while the 30% itself may face further scrutiny.
The positive news is both sides of the divide increasingly see solar is a smart business choice rather than simply a partisan issue but it's likely that the terms for going solar won't get better than they are right now.
Why Sunistics?
Since 2012, Sunistics has been a trusted name in commercial solar in California. Now serving the whole west coast and Nevada, we've built projects for small churches all the way up to multinational corporations.
Our analyst team pores over 35,000 data points when preparing a detailed proposal, generating a custom economic summary that provides accurate savings and performance forecasts. We get into the weeds to make the investment grow as much as it can.
And our installation crews and professional, efficient and experienced with all types of solar construction, Energy Storage and Battery Systems, and EV Charging Stations.
So if solar is on the cards for 2024, drop Sunistics a line and let us help get you the numbers you want.