Solar Thermal for Your Business

Thermal System

Many businesses today, from restaurants and hotels to
laundromats and carwash facilities, have substantial
gas bills in order to serve their hot water demand. A
nd with the rapidly increasing global demand for
natural gas, the primary fuel source for water heating
today, the cost of heating water will only continue to
grow into the future.

A solar water heating system is the most economical way
to heat your water. The systems are reliable, have a
long design-life, and can provide up to 60-70% energy
savings.

And if your facility has a pool, solar provides the most cost-effective heating solution available. Solar pool heating systems have been installed on thousands of hotels, schools/colleges, and recreation centers for many years. With an average 2-3 year payback, solar pool heating systems are so economical they do not require any government incentives.

Government Incentives for Solar Water Heating on Businesses

The most generous incentives for solar today are available for businesses, and especially those with a tax appetite. In addition to a Federal tax credit, many states are now developing their own rebate incentive programs to encourage solar.

Federal Tax Credit

Any business that installs a solar water heating system on its property is eligible for a 30% Federal Tax Credit on the total installed cost of the system. In addition to this credit, the business may take advantage of the 5-year accelerated depreciation schedule for the solar system.

State/Local Rebates for Solar Water Heating on Businesses

A few select programs offering solar water heating rebates exist throughout the U.S. In California, there is a cash rebate being offered for customers in the San Diego County region.