Commercial Solar Installation in North Okanagan, BC
There is a 30% tax credit available for solar
" Only a fool doesn't have solar on his business by 2023 ...with those tax credits and all! "
Albert Einstein
Benefits of a Commercial Solar System
- There is a 30% tax credit available on the capital expenditure for solar!!
- Accelerated depreciation - 100% in 2023!!
- Promote your business as Carbon Neutral / Sustainable / Green
- Generate and consume your own energy first, feed your excess energy into the grid for a 100% credit
- Build up a kWh energy credit in the summer that you can consume in the winter
- Increase the value of your building
If you’re interested in a commercial solar panel installation in North Okanagan, BC, turn to Iceberg Solar.
How Solar and Net Metering works:
1. The sun shines down on your solar panels. Solar panels generate DC (Direct Current) power.
2. The inverters are the heart of the operation. It converts the DC power from the solar panels to AC power that used in your business. Inverters come in different shapes and sizes: String and hybrid inverters are larger and usually mounted on a wall outside or in the garage. Micro inverters are mounted on the roof under the panels.
3. Your generated solar power is first consumed by your business. Any excess solar power is fed back into the grid. If you need more power than you generate, it is supplied from the grid as required. The BC Hydro grid essentially becomes your buffer for all your surplus and shortfall energy.
4. Most businesses already have a Smart Meter installed. The meter will measure how much energy is fed to the grid and how much is consumed by the business.
5. BC Hydro gives you a 1:1 kWh credit for all power you feed into the grid. Excess credit kWh’s is kept on your account until the anniversary date of your system. You can build up a credit in the summer and offset your entire annual electricity bill to close to zero. It’s basically one of the best deals on the planet!!
Learn more about the rates on BC Hydro Website
Customer reviews
Other Solar System Options
Residential Grid-tie Solar for Homes
Save on electrical bills
Do your part for the environment
Feed your excess power into the grid
Take advantage of the $5k grant and $40k loan program
Backup Power
Energy security