Backed by a full Lockheed Martin warranty, the GridStar™ modular energy storage systems are designed for performance, reliability, and low total cost of ownership. Benefits include:
- Fully integrated solutions, including energy storage, power conversion, AC/DC protection, thermal management and controls.
- Flexible and scalable (ranging in size from 125 kW to multi-MW).
- Backed by a company you can depend on.
Lockheed Martin: Engineering a Better Tomorrow
What are the benefits of installing solar panels?
Sunrise Solar understands that purchasing a solar system or other green technology can require a significant amount of money. So we are here to help you make the right decisions financially for the right system. You should think of the products we offer as investments. Investments in your future and the future of your business. When researching an investment in renewable energy there are several long and short-term financial factors that should be considered:
- Improved cash flow
- Reduce the amount of expenses of your utility bill
- The solar panels essentially pay for themselves in a short amount of time
- Significantly reduce your tax liability by receiving a 30% federal tax credit
- You can have long-term financial savings
- Increase the resale value of your home
If you're ready to save money and generate your own clean energy, call us today to schedule a free site evaluation. We can help you with financing and handle all the required rebate, permit, incentive, and inspection paperwork and processing.
How will solar benefit your business?
As a business owner every decision you make affects the future outcome of your bottom line. A solar system should be part of your business plan. Solar does take care of your electric bill, but there is more. Solar can reduce overhead, improve cash flow, and lower your tax liability. Let's look at each aspect of the benefit to your business. Solar will reduce your overhead by lowering or even eliminating your electric bill. This alone provides such stability to your ever rising energy costs.
The second part of this equation is that you will now have your electricity prices fixed and no longer be subject to the rising costs of electric. The improved cash flow comes from SREC's (solar renewable energy credits). Most states have mandated that power companies purchase renewable energy.
This is done through solar systems that are installed privately. Your solar consultant will help you understand your local market. Per every 1000 kWh's you will receive one REC. You will then be paid for every REC generated. lf you produce excess power that you don't use, you will also get paid for that energy as well. How much you get paid and when you get paid will vary from state to state.
The standard practice is to get paid once a year at current electric wholesale pricing. The final component to benefiting your business is the 30%tax credit and the depreciation. By purchasing a solar system, you will receive a 30% lnvestment Tax Credit from the lRS. The 30% ITC is based on the total cost of the solar system. The 30% ITC can be rolled for up to 20 years. Most businesses use the 30% ITC in a shorter time frame.
The second component on the tax side is the bonus depreciation. Through 2019 you will be able to depreciate IOO% of the total asset in year one. This can be very helpful when facedwith a large tax burden. lf you don't need the bonus depreciation, then you can use a standard depreciation schedule.
Why do you use SunPower solar panels?
Smart Solar: The SunPower Advantage
Our primary goal at Sunrise Solar is to provide the highest quality product to our customers. SunPower allows us to do that with confidence. For over 20 years, SunPower has been a leading provider of clean solar energy across the globe.