The Drive Towards Solar: Automotive Groups Save Millions By Going Solar
An increased number of auto dealerships are choosing solar for personal and economic reasons. Energy is one of the highest expenses that U.S. dealerships and auto dealers spend on a month to month basis. Due to the high amounts of energy needed to power auto dealerships, auto dealers have been turning to solar panels as the solution to save on cost. Over the years, advances in technology have made solar energy more accessible and affordable. Nonetheless, energy prices continue to rise, and solar pricing has declined making the solar solution logical for auto dealerships to take advantage of and join the solar movement to true energy independence and benefit from the low energy costs year over year. While solar prices have decreased there is an investment decision that has to be made. We have created easy solar financing so you can make the decision to use renewable energy.
18% More Energy
Consumed by auto dealerships than a typical office building.
$2B in Energy Costs
Faced annually by the auto dealership industry.
Type of Solar Installations
Rooftop Solar Installations
Due to the design of most dealerships being built with flat roofs this makes installing solar panels on dealerships simple and efficient. Installing rooftop solar solutions on dealerships is a prime solution helping reduce operational expenses and continue to remain competitive.
Carport Solar Installations
Solar carports are built to cover parking areas and are a more efficient use of space. These solar carport installations will protect your inventory on the lot from the sun or any bad weather. Having solar carports gives positive first impressions to customers about your dealerships commitment to contributing to a cleaner community that they live in. When optional electric vehicle charging is added your EV’s on the lot will always be ready for a test drive.
Solar Benefits for Auto Dealerships
The fiscal benefits for auto dealerships are tremendous when you invest in solar. Your car dealership will start saving hundreds of thousands of dollars or more in electricity costs over time. This extra savings can be used towards making more inventory purchases, staff, or can simply make your business overall more profitable.
Take advantage of the solar tax credit that helps businesses offset their commercial solar system costs. The Federal Business Energy Investment Tax Credit (ITC) is a potential tax credit that auto dealerships can take advantage of when they make the decision to invest in renewable energy. The sooner you invest in solar energy the quicker your auto dealership will be able to take advantage of these tax credits. The ITC you will receive varies on when you make the decision to start construction.
Making a Statement
Joining the solar movement in the auto industry puts your auto dealership ahead of others by making a statement to sustain a world to cleaner power. The demand for electric vehicles is continuously increasing and by joining the solar initiative selling these electric vehicles has proved to increase when the car dealership is also utilizing renewable energy. The community starts to take notice of the environmental progression solar focused companies take. Employees, customers and the community appreciate an auto dealer that is invested in energy efficient solutions. Sustainability is not only a positive benefit towards the planet it’s also great for business.
Tax Credit Savings
Now through Dec. 31st, 2019
Jan. 01 through Dec. 31st, 2020
Jan. 01 through Dec. 31st, 20201
Jan. 01, 2022 +
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