With the changing of the season, most landlords are probably thinking about winterizing their buildings or making sure that their gutters are free of fallen leave. You’re probably not thinking about the benefits of solar power. This is because many landlords don’t know that there are more benefits to solar power than reducing your utility bills and cutting your carbon footprint.
One of the major benefits is that solar panels can actually protect the membrane of your roof and extend its lifespan. Solar panels add an extra layer between this membrane and the direct rays of the sun, rain, snow, and ice that beat down and eventually erode it.
Yet another benefit is that the solar infrastructure creates a layer of insulation. That additional layer of insulation means less heat escaping from the building. This layer created by the solar panels will keep roofs cooler in the summer and warmer in the winter. Researchers at the University of San Diego found that the cooling effect was as much as 5 degrees Fahrenheit.
Of course, the savings don’t stop there. There are generous incentives offered through the New York State Energy Research and Development Authority’s Megawatt Block program. They offer owners subsidies that depend upon the size of your solar system and the amount of solar energy already being produced in your area. Currently, as of mid-October 2018, building owners in the Con Ed territory can expect an incentive of $0.60 per watt generated up to 7.5 megawatts. There is also a federal Investment Tax Credit, which is equal to 30 percent to the gross costs of your solar system.
By taking advantage of these incentives, you can significantly reduce the costs associated with installing a solar system. Furthermore, by working with an experienced solar company like Best Energy Power, you can explore methods of financing the project so that you pay nothing out of pocket.
With Best Energy Power, all projects are turn-key. They will take care of the necessary permitting, interconnections, inspections, and paperwork. All you have to do is call.
Contact Kevin or Ronnie at @Best Energy Power for your free solar analysis today!
Kevin@bestenergypower.com or 212 730-2267.