LightWave Solar is proud to serve the Chattanooga, TN area and surrounding regions.
If you have ever wondered what all the commotion is about solar power, and if it is right for you, you’ve come to the right place. We provide residential, commercial, and municipal solar design consultation and installation, and would love to partner with you! Solar power has become increasingly available and affordable. There are many great benefits to going solar, whether it is for your home or business.
Residential benefits include:
There is a 30% federal tax credit for systems installed before the end of 2019. This credit is equal to 30% of the total cost of the system, and you can apply it against your income tax liability for the year the system is installed or carry it forward.
Another benefit is the Green Power Providers program provided by TVA for grid-tied solar systems. In this, TVA buys 100% of your solar generation at the escalating retail rate. As rates increase, so do the solar payments. Credits get rolled over month to month, and if there is any unused credit built up, your local utility place will send you a check after 12 months. How great is that?
Aside from this, going solar increases the value of your property and sets it apart from others on the market. There is no question, going solar is definitely a great investment for homeowners.
What about benefits for businesses?
Many business owners invest in solar systems because of the financial return, and because they want their company to be environmentally ethical. We will help you decide whether this is a valuable investment for your business. To do this, we will walk you through how the tax and utility incentives work, as well as discuss the financing option that allows your business to be cash flow positive in less than two years, something many of our business owner clients have experienced.
How can nonprofit organizations make the change?
Every day, nonprofit organizations work to make the world a better place. Why not help the environment while at it? Nonprofits can get their own solar system for long-term energy savings or have the support of sponsors or investors who are able to claim the federal tax incentives for solar systems. One way to do this is having the investor lease a nonprofit’s rooftop or property, own the system for a period of time, and ultimately earn most or all of the revenue generated during that time. After this, the nonprofit has the option to either buy the system or the investor can donate it. Whether the nonprofit organization owns the system or simply provides a rooftop, going solar can help provide significant educational and awareness opportunities for the nonprofit.
What are the benefits for government buildings?
Increasingly, local, state, and federal governments are choosing to take advantage of solar energy systems because of their ideal combination of building ownership, long-term financial outlook, and superior credit ratings. Many government agencies are choosing to change over to solar systems to avoid costly rising energy rates, and because of the unique ability of solar systems to provide predictable energy savings for decades.
A solar system sounds like what I need. What’s next?
Let’s go on this adventure together! We’ll walk you through all the steps. To get started, give us a call to get your free preliminary estimate which shows five core pieces of your system’s information: project size, system output, project cost, incentives overview, and site drawing. During this times we will also review your financing options. If the preliminary estimate works for you, we will then schedule and make a site visit to confirm and get precise measurements. Once this data is verified, we’ll create a proposal with the specific system output, existing warranties, incentives, and firm contract price. Once the contract is signed, and the first deposit for permitting and equipment is provided, our in-house design team will submit the TVA paperwork, obtain the necessary permits, and design the most efficient solar system for your place. Then our project management team will reach out to you to schedule a time frame to build and install your solar system, meticulously coordinating all of the necessary inspections and commissioning. Ready to get started on a brighter future, or want to find out more information? Contact us at 877-748-1260, or email us at email@example.com.