Rising Electricity Costs Are Driving Commercial Solar Demand
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July 21, 2022PTO Project Review Video for 2021
Permission to Operate (PTO) Project Review Video for 2021
With the start of a new decade California businesses are witnessing the highest electricity rate growth than ever before. To combat these increasing costs, Revel Energy achieved Permission to Operate (PTO) for almost 5 megawatts (MW) of commercial and agricultural solar for customers just in 2021, shown in this video.
These agricultural, commercial, and industrial businesses that recently installed solar and achieved PTO capitalize on the historic inflation of energy costs, and will continue to save throughout the life of the system as energy costs continue to rise.
Forward-thinking businesses, like the ones shown in this video, equipped with commercial or agricultural solar are better prepared with increased cash flow and security against rising utility bills as rooftop, ground mount or carport systems with cost-effective PTO can offset their electricity use.
Solar Produces Electricity Locally, Avoiding Carbon Emissions
The custom designed systems are estimated to cumulatively produce more than 7 million kilowatt hours per year, on average, offsetting 60% of customers electricity demand. In addition to significant bill savings, these solar installations reduce 5,500 tons of carbon dioxide (CO2) annually for these forward-thinking California businesses. Solar energy is not a carbon offset, greenhouse gas emissions are avoided entirely, as these businesses are sustainably producing their own electricity locally.
These custom systems are designed around the needs of each business. Revel’s expert team of solar professionals work closely with facilities and management staff to determine an optimal solution that is both sustainable and profitable. Throughout the design process, significant documentation is required for systems to earn interconnection through PTO.
California businesses generating free electricity with solar save significantly on electricity costs, while their competitors continue to pay constantly-rising rates. These businesses are more energy independent, with financial flexibility, and have positioned themselves towards a more sustainable future.
Solar panel pricing has dropped 90% in just the last decade, as more have adopted the technology to take advantage of its benefits, more realize how lucrative those benefits are. Fossil fuel energy prices continue to and will always fluctuate – as the cost of oil, coal and natural gas are dependent not just on their varying uncontrolled sources, but demand as well.
Agricultural, Commercial, & Industrial Solar Permission to Operate
Provided with increased cash flow from electricity savings, added with lucrative incentives like the Solar Investment Tax Credit (Solar ITC), state and federal bonus depreciation – the net cost of these installations are brought down so much that the savings typically pay for the systems in 3 – 5 years.
Commercial solar is a proven investment, but requires significant care and organization to achieve cost-effective permission to operate (PTO). Revel’s expert team has experience designing, installing, & permitting a variety of custom-fit solutions for a wide variety of California businesses.
Without solar, these businesses would continue to pay rising electricity bills, a cost of doing business that is reserved and budgeted for every year. Investing that money into commercial solar and generating free electricity to reduce reliance on investor-owned utilities is the catalyst, driving California businesses to go green.
Revel Energy has helped commercial, industrial and agricultural businesses take control of their consistently-rising electricity costs with dynamic energy solutions including commercial solar, energy storage, LED retrofitting and EV charging stations determined around their needs. Contact us today to learn how much your business could save in the face of future rising electricity costs.
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.
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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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