Energize Your Business with BEC Solar
Businesses of all sizes have taken advantage of the financial incentives offered by using solar power. The decision to invest in solar will increase the bottom line by saving money on your commercial utility bills. It’s also a great way to show your customers that you are socially conscious and care about the environment by using clean energy, thus reducing your carbon footprint and dependence on fossil fuels.
BEC Solar, a subsidiary of Bandera Electric Cooperative, has been a trusted power source for businesses in the Texas Hill Country for more than 80 years. Being a utility and solar energy provider gives us the unique ability to conduct an analysis of your energy usage and design a customized system to maximize your investment. We are committed to providing businesses with quality clean energy products and services that are affordable and reliable. What separates the professionals at BEC Solar is our proven experience of working on a wide range of design solutions, from simple to complex. We’ve worked on everything, from small to large, as well as enterprise solar projects in remote locations.
BEC Solar Rebates
BEC is supporting its members committed to the benefits of renewable energy with a generous rebate program for solar energy systems installed at qualifying homes and businesses. You must be a current BEC member, and the installation must be performed by BEC Solar within the BEC service territory. The rebate will be determined based on the size of the solar energy system:
- $2,000 rebate for 15 kW up to 100 kW system
- $1,500 rebate for 10 kW up to 14.99 kW system
- $1,000 rebate for 5 kW up to 9.99 kW system
Limit one per member. Limited availability. Rebates must be submitted to BEC by October 31, 2019. The rebate applies to qualifying commercial and residential projects installed between April 1 and October 31, 2019. Rebates will be issued on a first-come, first-served basis.
The Return on Investment in South Texas
Nearly every business owner is aware that installing solar can help reduce their monthly energy bills. Instead of paying for expensive grid electricity, solar allows you to generate your own clean power from free sunshine. Better still, the ROI of this solar energy investment is easy to calculate. Download our whitepaper below to read why going solar is a virtually risk-free investment that can boost your bottom line while simultaneously protecting the environment.
How will Your Businesses Benefit from Solar?
- Reduces operating costs
- Receive tax credits
- Accelerated depreciation
- Hedge against electricity price volatility with fixed rates
- Gain additional credits with power capacity reductions
Operating time is critical. While the demand curve for most commercial entities corresponds with solar production, a BEC Solar solution for your business will give you the contingency plan and peace of mind you are looking for. BEC Solar can help you achieve self-sustainability by storing the solar energy your business produces.
Renewable Energy Incentives Solar Investment Tax Credit (ITC)
The ITC is a 30% federal tax credit that allows a business that installs, develops and/or finances the project to claim the credit.
Depreciation of Solar Energy Property
Modified Accelerated Cost Recovery System (MACRS) is a method of depreciation in which your business investment is recovered, through annual deductions, over a specific time period. Qualifying solar energy equipment is eligible for a cost recovery period of five years.
The Protecting Americans from Tax Hikes Act of 2015 includes the 50% bonus depreciation that allows companies to elect to depreciate 50% of the basis in the first year of service, and elect to depreciate the remaining 50% under the normal MACRS recovery period.
If you own a business or commercial property and have an interest in our commercial solar energy services, please contact us at BECSolar@banderaelectric.com
or call 830-331-4500