#1 Commercial Solar Company for Champaign Businesses
Looking for solar panels for your business? There’s never been a time to invest in solar panels for business. The State of Illinois has began another fund to help spur mass adoption of renewable energy projects including commercial solar. The combination of the states’s SREC’s, ComEd Smart Inverter Rebate combined with the Federal solar tax credit with our proprietary energy savings model makes investing in commercial solar power for businesses seriously compelling. ComEd‘s smart inverter rebate and the Illinois SREC’s are limited, it’s imperative you get in line to receive these subsidies. We have already began the paperwork filings for our clients to help them secure these incentives.
Solar One’s Proprietary Energy Savings Payment Model
The Energy Savings Payment Model (ESP) is unique to Solar One and combines benefits from each traditional solar model into a innovative hybrid model where the client keeps the tax advantages, minimizes the upfront expense, expediting ROI, increases the property value, and receives instant energy savings. As the client receives energy savings, Solar One shares in a percentage of those savings to help pay down the system’s cost. Solar One assumes all risk and maintains the system for free until the system is paid off.
- Creates positive cash flow from Day 1.
- No upfront expense, simply pass along the equal value of the tax benefits you would have otherwise paid the Federal government.
- You own outright and don’t share profits with a bank.
- Free maintenance until the system is paid off.
- Solar equipment increases the value of your company assets.
- No risk of performance; if it doesn’t produce electricity, you don’t share savings.
- In the event you sell your facility, Solar One contract is freely assignable.
Champaign Solar Energy Company
We help Illinois companies organizations cut their electricity bills by 10-30% with solar that requires ZERO upfront investment or capital expenditure.
We are able to pay for the cost of your solar system (that you own) by front loading available federal and state subsidies.
There is zero upfront expense, because the project is 100% paid for by incentives.
You merely share a portion of the tax savings with us until the project is paid off.
This ensures immediate positive cash flow and ROI by month one.
No more 8-9 years long wait for ROI from solar.
Our proprietary program that eliminates the upfront investment and risk.
Sounds too good to be true?
Your company must have the tax liability.
A Look at the Numbers
For Example, Even in Cold, Rainy, Cloudy Champaign…
50,000 square foot roof top = $1 million in savings over 25 years
100,000 square foot roof = $2 million in savings over 25 years
1.333 = production factor in Illinois for example (if at 180 degree tilt)
1.333 x 700 kw = annual kWh (kilowatt-hour) produce in year = 933
A kilowatt hour is when you add in your supply delivery, taxes, conservatively worth $0.08 = 1 kWh
Supply rate on average = 5.5
Take $0.08 x 933 (annual kwH produced in a year)
= ~$70,000/year in savings
Which = $6,000/month in electricity savings
Or ~$2 million in savings over 25 year warrantied life.
We have completed projects for dozens of privately owned and publicly traded Fortune 500 Manufacturing companies across their entire portfolio of facilities with many more Illinois projects in and near Champaign.
Book a Call with our Senior Project Developer to Learn How We Can DRASTICALLY Cut Your Energy Bills by owning your own solar array across all your facilities.
New Round of 2021 Illinois Solar Incentives
The state of IL recently passed a clean energy bill mandating 100% renewable energy by 2050. The Land of Lincoln’s new legislation sets aside $500 million in subsidies to the Illinois for wind and solar adoption. Before this new legislation, solar projects across the state were at a complete standstill due to funding running out.
The subsidies are a 350% increase on investments made on solar in the state. This presents a significant savings opportunities for IL businesses looking to own their own solar array. As such it’s imperative you file the paper work ASAP to secure your portion of these generous subsidies.
Fox Illinois writes:
The small distributed generation category has been expanded to include 10kW to 25kW, which means high consuming residential properties and small commercial businesses will now receive the best subsidy pricing and a better payout schedule for selling back to the grid.
Solar One Illinois
600 W Fulton St #514
Chicago, IL 60661
About Champaign, IL
Champaign is home to many household brands in the Fortune 500 including Abbott, Archer Daniels Midland (ADM), Caterpillar, John Deere, Dow Chemical Company, IBM, and State Farm. The city shares the campus of the University of Illinois at Urbana–Champaign with its sister city of Urbana. Champaign is also home to Parkland College. Due to the university and a number of well known technology startup companies, it is often referred to as the hub, or a significant landmark, of the Silicon Prairie.
Champaign is a city in central Illinois and is located on relatively high ground near Kaskaskia River to the west, and the Embarras River to the south. Downtown Champaign drains into Boneyard Creek, which feeds the Saline Branch of the Salt Fork Vermilion River.
Champaign shares a border with the neighboring city of Urbana; together they are home to the University of Illinois. Champaign, Urbana, and the bordering village of Savoy designate the Champaign-Urbana Metropolitan Area a.k.a Champaign-Urbana. It also shares the nickname “Twin Cities” or Chambana.
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