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Our commitment to excellence in roofing ensures that your home benefits from the latest in technology and craftsmanship.
As companies in Fort Worth seek out cost-effective and environmentally friendly ways to power their businesses, many are turning to solar energy. In fact, according to the Solar Energy Industries Association, Texas ranked 5th in the nation for solar energy installations in 2020. And it's no wonder why - the advantages of switching to solar energy are numerous.
One of the main reasons companies in Fort Worth are turning to solar energy is to reduce energy costs. By installing solar panels, businesses can generate their own electricity and rely less on traditional energy sources. This not only reduces monthly utility bills, but also protects companies from fluctuations in energy prices. In the long run, this can result in significant savings for businesses.
Switching to solar energy also comes with attractive tax incentives. The federal government offers a Solar Investment Tax Credit (ITC) allowing businesses to deduct 22% of the cost of their solar energy system from their federal taxes. In addition, Fort Worth companies can take advantage of various local and state tax incentives, making the switch to solar even more financially beneficial.
Investing in solar energy also increases the value of commercial properties. According to a study by Lawrence Berkeley National Laboratory, properties with solar energy systems have a higher property value and sell for more than those without. This means that not only do companies in Fort Worth save money on energy costs, they also see an increase in the value of their property.
In addition to the cost savings, switching to solar energy also has a positive impact on the environment. By reducing reliance on traditional energy sources, companies can decrease their carbon footprint and contribute to a cleaner, more sustainable future. This commitment to environmental responsibility can also improve a company's reputation and appeal to environmentally-conscious consumers. In conclusion, the long-term savings of solar energy for Fort Worth companies are significant. By reducing energy costs, taking advantage of tax incentives, increasing property value, and contributing to a cleaner environment, switching to solar energy is a smart financial and ethical decision for businesses. For companies looking to save money and make a positive impact in their community, solar energy is a clear choice.
