Providing Iowa Businesses Millions in Energy Costs Savings
Iowa business looking for sensible cost reduction? Whether it’s office buildings, manufacturing facilities, hotels, or car dealerships, we specialize in reducing electricity bills by 15-40% with immediate positive cash flow. We eliminate large capital expenditure requirements for through our proprietary energy savings program.
How do we do it? By leveraging available federal and state incentives, businesses with tax liability able to cover the entire upfront cost of the solar array. Businesses in Iowa simply share a portion of their tax savings with us until the project is fully paid off. This results in immediate positive cash flow and return on investment by month one, without the usual 8-9 year waiting period.
SOur innovative program eliminates the financial barriers and risks associated with traditional solar investment, allowing you to enjoy immediate returns and a $0 capital expenditure budget.
But here’s the catch – you need to have the necessary tax liability to take advantage of our program.
With a proven track record of successful projects for numerous organizations, both private and publicly traded, we’re ready to transform your entire portfolio of facilities.
Schedule a consultation with our Senior Project Developer today, and discover how we can significantly reduce your energy bills through the installation of solar rooftop solutions, shade structures, and more!
WCI Industries, Cedar Falls Iowa
Proprietary Energy Savings Payment Model Beats Our Competitors
The Energy Savings Payment Model (ESP) is a unique offering available to select businesses who This model combines benefits from each traditional solar model into a novel hybrid model where the client organization receives the tax advantages, eliminates upfront expense, increases the property value, achieves sustainability targets, while thrilling the CFO with immediate electricity cost savings. As the client receives energy savings, the Iowa solar installer shares in a percentage of those savings to help pay down the system’s cost. The installer assumes all risk and maintains the system for free until the system is paid off.
- Realize positive cash flow by Month One.
- Zero 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, the contract is freely assignable.
Solar Economics Example for Business in Des Moines, Iowa
For Example, Even in Cold, Rainy, Cloudy Iowa…
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.
Questions? Good. Reach out.
2024 Iowa Commercial Solar Incentives
Read our full guide on commercial rebates here.
Federal Solar Investment Tax Credit (ITC)
Thanks to the inflation reduction act, The Federal Solar Investment Tax Credit (ITC) is a significant financial incentive in the United States that encourages the adoption of solar energy. It offers a 30% tax credit on the total cost of installing a solar photovoltaic (PV) system. This means when you install a solar energy system, you can deduct 30% of the installation cost from your federal taxes.
Net-Metering
Net metering in Iowa plays a crucial role in accelerating solar project ROI. It allows solar energy system owners to offset the cost of electricity they draw from the grid with the excess energy their systems produce. Depending on the utility, often excess energy generated in the summer can be used to offset energy bills in the winter when solar production is lower.
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Areas Serving And Zip Codes: | Des Moines, Cedar Rapids, Davenport, Sioux City, Iowa City, West Des Moines, Ankeny, Waterloo, Ames, Council Bluffs, Dubuque, Urbandale, Marion, Cedar Falls, Bettendorf, Marshalltown 50309, 52227, 52722, 51054, 52240, 50061, 50021, 50701, 50010, 51501, 52001, 50111, 52302, 50613, 52807, 50158 |
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Services | Commercial Solar Installation
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