The shift toward renewable energy is accelerating across the country, but businesses in the Northeast are embracing solar power with exceptional enthusiasm. By reducing operational costs, solar energy is a game-changer. Here’s why business owners throughout the region love making the switch to solar, with real-world examples from our customers.
- Significant Cost Savings
Electricity costs in the Northeast are among the highest in the country. By investing in solar, businesses can drastically reduce their utility expenses and achieve long-term expense predictability. Most companies see substantial savings within the first few years, with some even eliminating their electricity bills entirely thanks to net metering and solar incentives.
Example: Click to open: B. United International in Oxford, CT, a beverage distributor, installed a solar roof array with a system size of 175.4 kW. This net investment of $404,390 offsets 100% of their energy usage, leading to an estimated 25-year savings of $1,750,000.
- Lucrative Incentives & Tax Benefits
The Northeast offers some of the best solar incentives available. Programs like the federal Investment Tax Credit (ITC), Solar Renewable Energy Certificates (SRECs), and grants help businesses offset most of the installation costs. These financial benefits make the switch to commercial solar a smart, strategic investment.
Example: Click to Open: Westbrook Lobster in Clinton, CT, a restaurant and bar, installed a 59.20 kW solar roof array, with a net investment of $181,584 achieving 100% energy offset and projected 25-year savings of $474,000.
- Attractive Carports & Chargers
Consumers and clients increasingly expect businesses to adopt environmentally responsible practices. By providing carports and EV chargers companies demonstrate a commitment to sustainability. This ecological and economical strategy strengthens brand reputation and attracts the growing number of eco-conscious buyers and investors.
Example: Click to Open: Suburban Subaru, installed a solar roof array, carport, and EV chargers with a system size of 281.48 kW. This net investment of $690,000 offsets 100% of their energy usage, leading to an estimated 25-year savings of over $2,700,000.
- Energy Independence & Resilience
Power outages caused by severe Northeast weather can disrupt operations and cost businesses thousands in lost revenue. Solar energy, especially when paired with battery storage, provides greater energy security by reducing reliance on the grid and ensuring continuous power during outages.
Example: Click to Open: Newtown Car Care installed a 73.2 kW solar rooftop array. Their system with a net investment of $211,400 offsets 100% of their energy needs and will save an estimated $720,300 over 25 years.
- Competitive Advantage
With more companies prioritizing sustainability, businesses that adopt solar gain a competitive edge. By cost savings, leadership through innovation, or energy security, solar-powered businesses stand out in their industries.
Example: Click to Open: Hitchcock Printing in New Britain, CT, a commercial printer, with a net investment of $661,534 installed a 224.24 kW solar rooftop array. Their system offsets 70% of their energy needs and will save an estimated $3,433,000 over 25 years.
Ready to Power Your Business with Solar?
Businesses in the Northeast are making the smart choice to invest in solar energy, and the benefits speak for themselves. If you’re ready to cut costs, boost fiscal sustainability, and future-proof your operations, now is the time to explore solar solutions. Contact us today to learn how your business can take advantage of solar power!
Smart Roofs Energy provides commercial focused design, engineering, construction and service. Solar power gives companies control over their electric bills. Offerings include rooftop & ground mount solar PV, carports, EV chargers, batteries, solar farms, and more. Reach out to find out how much you can save.
