Commercial Solar Projects Can Actually Earn Money

Are you a commercial building owner? Are you considering a solar project for your property?

Eversource and United Illuminating are still accepting applications for their small ZREC (zero emission renewable energy credit) program, and they will pay you a fixed price for 15 years for your renewable energy as a portion of their overall energy production.

For every 1000 kilowatt hours of power produced by your solar system, Eversource or UI will pay approximately $80 for 15 years. For example, if you purchase a 50 kW solar system, you could be receiving $4000 a year in REC payments on top of the savings on your electric bill!

Commercial building and property owners with solar projects that take advantage of the ZREC program always have a shorter payback period. When combined with the C-PACE program (CT Property Assessed Clean Energy), building owners can finance 100% of the cost of the system and receive a triple benefit:

  • Reduced energy bills due to the solar offset
  • 15 year ZREC income
  • Cash flow positive year 1

If you have been thinking about solar as a way to reduce overhead on your commercial property, now is the time! Eversource and UI will not continue to accept ZREC applications, so call us to see how you can generate income from your very own renewable resource!

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