What is wildly appealing financially to any business is becoming even more attractive to hospitality industry businesses due to the trend of customers to move toward a lifestyle powered by renewable energy. HES Solar is a San Diego-based solar company that was founded in 2001 to bring energy independence, consistency, and dependability to places of recreation, restaurants, hotels, breweries, and other public-facing California service and hospitality businesses.
A commercial solar system or a solar and storage system is your way to combat varying and unpredictable energy costs. An array of solar panels powering your business turns you into the power provider rather than a customer of utility-provided electricity. You’ll be surprised how short the payback period often is; once to that point your system is engineered, designed, and built to provide decades more energy to free up money for ventures that benefit your business’ growth rather than take away money due to rising overhead costs.
The on-site production of clean, green energy is a growing draw for clients and customers looking to combat climate change and lower their carbon footprint. Your investment in future low-cost energy becomes a selling point to your clientele; you’re both beneficiaries when your business breaks from grid-delivered electricity.
There are several incentives and rebates to add to your benefit, including the 26% Investment Tax Credit (ITC) and the Self Generation Incentive Program (SGIP) rebate. We will also show you how solar can potentially lower property improvement costs and provide unique tax advantages when building a commercial solar system.
The win-win of solar can hardly be overstated. The sooner your business becomes its own energy provider the quicker your bottom line will improve from the benefits of consistent, reliable energy. Let HES Solar show you the system that’s right for your specific needs, ensure you receive all the rebates and incentives renewable energy programs offer, and go over the various ways to set up your system based on your short and long term financial and energy needs for that system.
Some of our Hospitality industry solar projects include:
Net Energy Metering 3.0 (NEM 3.0) is the incoming law created by the California Public Utilities Commission (CPUC). The new tariffs and fees will impact both residential and commercial solar systems built in California.
As this notice is posted in November of 2022, the Proposed Decision from the CPUC outlining the proposed NEM 3.0 terms is expected soon. This comes after a year’s delay. Once the new agreement is finalized and passed into law, there will exist a designation of the deadline under which new systems will continue to qualify for NEM 2.0 rates.
The new NEM 3.0 rates will be designed to lower the value of electricity during the daytime hours, when solar is producing, and increase the value of electricity during the evening hours, when solar homes and businesses purchase electricity. In short, NEM 3.0 will create a “sell low, buy high” proposition to new solar system owners.
To Californians looking to install a solar system on their home or commercial building, the NEM 2.0 rates will be preferred. As of this post, the solar industry does not know the details of how different the NEM 3.0 rates will be from the NEM 2.0 rates.
Please use the HES Solar website as a resource to learn more, and please take our offer to speak with an HES Solar Energy Consultant at no obligation.
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