Retrofit Commercial Roofing with Solar for Los Angeles Businesses
Commercial Solar & Rooftop Retrofit in Los Angeles County, CA
Los Angeles County businesses are paying sky-high electricity rates that continue to rise, an effective solution of combining a commercial roofing retrofit or a new commercial roof with the flexible solar Power Purchase Agreement (PPA) emerges. This combination not only modernizes your facility but also significantly cuts down on electricity expenses, using the savings to pay for the new roof.
Revel Energy is a commercial solar EPC and PPA provider, dedicated to delivering dynamic energy solutions that help businesses in California create capital through sustainability.
A rooftop retrofit in Los Angeles involves upgrading your commercial building’s roof to a more energy-efficient and durable roofing structure. This costly process can include the installation of new materials, improved insulation, and better weatherproofing and is often financed to spread out the costs. The benefits are clear – enhanced energy efficiency, reduced maintenance costs, and a longer lifespan for your building’s roof.
How Would a Commercial Rooftop Retrofit PPA Work for a Los Angeles County Business?
A power purchase agreement (PPA) for commercial solar is a partnership in which a trusted partner like Revel Energy would install, own, and operate a system on a business’s property in Los Angeles County. That business agrees to purchase the electricity generated by the system at a fixed and predetermined escalation rate over the term of the PPA.
The Solar PPA is just one creative financing solution that Revel offers, but it is a great way for businesses that are paying costly electricity bills to generate their own electricity without the significant upfront costs that come with large solar panel installations. Popular with financial groups like REITs, the PPA is a growing avenue for many corporate businesses to access sustainability without the upfront cost.
By integrating a rooftop retrofit with a solar PPA, businesses can maximize their energy savings and sustainability efforts. This combination ensures that your new roof is optimized for solar installation, leading to higher energy production and efficiency. It’s a forward-thinking approach that aligns with California’s environmental goals and changing regulatory landscape.
Financing a Commercial Roof Retrofit in Los Angeles County
Financing a commercial roofing retrofit can be approached through various methods to suit different financial situations. Revel Energy offers Los Angeles businesses our commercial solar PPA, where the cost of the roofing retrofit is spread over time and combined with the solar investment, easing immediate financial burdens and replacing a roof for no upfront cost.
One popular option is utilizing loans, if they offer favorable terms and rates. For those seeking direct investment, government incentives, tax credits, and rebates related to renewable energy projects can significantly offset initial costs.
It’s also worth considering power savings as a financial resource; the reduction in energy bills can effectively contribute towards financing a new roof. Navigating these options with a financial advisor or a specialized solar financing expert can help businesses find the most cost-effective and sustainable solution for their needs.
Industries akin to manufacturing, those with higher electricity demand, will continue to pay increasing electricity bills as municipal utility providers and investor-owned utilities like SCE, SDGE and PGE continue to increase rates.
In this solar project example located in Los Angeles County, this commercial manufacturer uses a significant amount of electricity, filling out their rooftop space and shading their parking lot with solar canopies. The system totals over 350kW of commercial solar panels and is paired with an energy storage system.
With only enough space to fit a smaller system, the canopies and energy storage system help significantly reduce their energy demands through sustainably generating their own electricity, designed to sustainably reduce their energy bills.
New Roof + Solar PPA = A Strategic Move for California Businesses
In Los Angeles, incorporating a commercial roofing retrofit with a solar PPA is more than just an energy solution; it’s a strategic move for local businesses. It demonstrates a commitment to sustainability, positions your business as a forward-thinking entity, and offers substantial financial benefits.
As California continues to lead in renewable energy initiatives, this approach is not just advantageous – it’s essential for businesses looking to thrive in a green economy. Even as electricity costs continue to rise faster than expected in Los Angeles, financing a commercial roof retrofit combined with a solar investment can generate serious savings by avoiding electricity demand from utilities.
For businesses in California, the combination of a retrofit roof plus a solar PPA represents a smart, cost-effective, and environmentally responsible decision. It’s an investment in your business’s future, ensuring resilience, sustainability, and profitability in the years to come. Contact our expert team today to learn what solutions are available to your business and if you can combine a rooftop investment with a commercial solar PPA.
Revel Energy - PPA Provider for California & LA County Businesses
For more information on a commercial rootop retrofit supported by power purchase agreements for commercial solar and energy storage installation services in Los Angeles, contact us today. Our expert team will provide your business with a free energy audit for your facility.
Commercial grade rooftop solar is ideal for: manufacturing, warehousing, logistics, industrial, retail, hospitality buildings and more with over 10,000 sq. ft. rooftops.
CARPORT SOLAR
Free standing carport solar generates added solar power for properties with limited rooftop space. Added benefits include shading and protection for employees vehicles.
Crucial for reducing peak demand charges. Automated to supply electricity when your panels won’t. Energy storage is ideal for businesses that incur significant peak charges.
As the popularity of electric vehicles increase, so does the demand for on-site charging. This sustainable amenity has become a parking lot fixture for competitive employers.
OUR SERVICES
TURNKEY COMMERCIAL GRADE SOLAR, ENERGY STORAGE, LED LIGHTING AND MORE.
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See how these businesses saved on electricity, gained valuable tax credits and rebates with commercial solar and energy storage.
Client Testimonial: Kelemen Company
Corporate Business Park in Irvine, CA has created significant electricity cost savings through commercial solar installed across the 5-building business park.
Client Testimonial: Tice Gardner & Fujimoto LLP
See how this CPA firm saved on electricity and gained valuable tax credits through commercial solar that they used to keep cash in the businesses.
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