How You Benefit

Monthly Savings

Being your own power producer has its benefits. The big benefit is the lower monthly electric bill. Savings varies by State based on Utility rates, sun irradiation, available install area (roof, ground, carport) and local incentives. The tax incentive are consistent across the board, but to see how much solar can save you, contact us for a quick quote.

Property Value Increase

Solar systems are now mainstream and are seen all across the Country. Solar systems lower monthly expenses and thus increase property value, both residential and commercial systems. For residential, rule of thumb is for every $1 in monthly savings, there is a $20 increase in home value. For commercial, depending on market capitalization rates, we are seeing for every $1 saved in electricity, there is a $16 property value increase. Commercial rates vary widely in market sectors, some higher, some lower. Selling your building? Sell it with a higher NOI and get tax credits to boot!

Charge for Covered Parking

Some clients install solar covered parking and charge their tenants a premium for the space. Co working, apartments, and Office buildings can utilize the lower monthly bills of energy and double down with additional revenue streams.

Extend the Life of your Roof

From climates in the Southwest to the Northeast, roof repair is necessary and costly. Solar systems that are installed on the roof not only extend the life of the roof by blocking the direct sun rays, but also shield it from the elements. This extends the life of the roof, however varies in how it is designed for solar coverage. Another benefit is that blocking the elements allows your HVAC unit to work a little less. By covering your roof with solar, typical homes and businesses see a difference in temperature in that area. This can lower your Utility bill even further, however this calculation is not common in most solar proposals. It's an ancillary benefit that comes with SunRenu’s expert designs.