Case Study: US Textiles
Case Study: US Textiles
US Textiles is a fabric and material manufacturer based in Industry, California, motivated to go solar by three main priorities: reduce operating costs, meet sustainability criteria and offset a chunk of its tax liability by using the available tax credits and incentives.
The 190 kW rooftop system, energized in the summer of 2024, achieves these objectives and provides a two-year payback period on the investment.
Here is the breakdown of how the tax credits and incentives have contributed to the overall project net investment of just 30.9%:
US Textiles President, Jerry Robinson, was happy with the project and the impact the tax credits and incentives has had on the company:
Solar had long been an interesting proposition for us from a cost-benefit and sustainability perspective. But it was the tax credits and incentives that made the project become a top priority. Having more than two thirds of the overall cost covered by the IRS means the investment pays for itself in two years. Add that Sunistics made everything simple, were efficient and professional, and still monitor the system performance, and I’d say we are very satisfied with the decision we made to invest in solar with Sunistics.
With the end of 2024 fast-approaching, we are willing businesses in California and Nevada that want to go solar or are looking for ways to reduce overheads costs to make the move before 2025 when prices are due to increase and there is a distinct possibility that the level of available tax credits will be reduced.
Email revans@sunisticsgroup.com for more information.