Energy expenditures can add up to a significant line item for most businesses and rising energy prices can rapidly erode profit margins. When you use solar energy to power your business, you can lock in lower energy prices for the long-term.

When your business switches to solar power, you are hedging against rising utility rates and you will no longer have to budget for dramatic or unpredictable increases. You can lock in low, predictable electricity costs for years into the future. As utility rates continue to rise, your savings will grow every year.

Dramatically Reduce Your Utility Bill

When your business begins to generate its own solar power, your electricity bill will drop significantly. You will still draw some power from the utility grid, but at a lower-priced rate tier. Solar may also help you avoid peak demand surges.

SolarCity will design a system that's right for your business, and determine the optimal utility rate structure for your remaining energy needs.

In addition, you will be protecting your business from future utility rate increases for years to come.

Sell Excess Power to the Utility Company

When your solar system generates more electricity than your facility can immediately use, your excess power flows back to the utility grid and your meter literally spins backward! Most utility companies will credit you for this electricity.

Your solar system produces the most electricity during the middle of the day, during "peak" hours when the utility rates are at their highest.

This is to your advantage, because you can sell excess electricity to the utility company at high peak rates in the afternoon, and buy electricity back at lower "off-peak" rates during other times of the day and at night.

You buy low and sell high! This is referred to as "net metering" and can reduce your electricity bill even further.

Minimal Maintenance

Solar systems have no moving parts, so there is very little ongoing maintenance required. SolarCity solar panels carry extensive warranties and are exceptionally well made so that you don’t have to worry about spending money on system maintenance.

With a SolarCity Power Purchase Agreement (PPA), repairs and maintenance are included as part of the service.

Attractive Investment

With solar, you can achieve significant savings on electricity costs over the life of your system.

Typical project payback is 5-10 years and after-tax returns for solar can be 15%-25%. With a SolarCity PPA, you can save money immediately with zero upfront investment.