Commercial Rooftop Solar Systems
Commercial Rooftop Solar can add value to businesses
Rooftop solar is usually the most straightforward location for an on-site solar system for a business. A rooftop solar photovoltaic installation is one of the most popular solar system design options for businesses and commercial applications because it typically does not interfere with business operations. Rooftop solar monetizes the roof and can reduce operating expenses by mounting solar photovoltaic panels in a calculated manner based on available roof space and the power consumption history of the business location.
Businesses of all sizes, including commercial and industrial organizations, can capitalize on the many benefits of adding solar power to their building roofs. Rooftop solar energy has become a strategic decision that has proven to have numerous benefits for many types of businesses. Commercial rooftops provide an exceptional location to power your business with clean renewable energy. Core Development Group offers customized solar solutions for flat commercial or industrial flat-roof buildings.
Rooftop Solar Benefits
ROI
Lower costs
Hedge
inflation
Increase
property value
Tax credits
Sustainability
objectives
Financial Return of Commercial Rooftop Solar System
Installing a commercial rooftop solar system is an investment that pays for itself by generating onsite electricity at a lower cost. Core Development Groups tailors customized options for businesses to pay for their commercial solar systems. Depending on incentives and roof details, a target return on investment for a cash purchase is approximately 10% -25% per year with a payback of 3 to 8 years. After the payback period is reached, the commercial solar system will continue to produce electricity for over 25 years.
Businesses can choose a Power Purchase Agreement (PPA) option for the rooftop commercial solar installation, and payments can be structured to be lower than the electricity costs from the local utility company. Under the PPA scenario, businesses can create immediate monthly savings on their electricity costs. A commercial solar PPA provides an economic hedge against inflation by protecting against energy market spikes and the inevitable rise in utility electricity rates.
Commercial solar system are innovative and financially focused decisions that have both bottom-line impacts and positive sustainable results.
Industry-Leading Experience, Knowledge, and Resources
At Core Development Group, we focus on commercial-scale solar rooftops. With the ever-increasing interest in corporate climate responsibility, businesses today are more focused than ever on effective clean energy strategies. In the past few years, there has been a lot of discussion on maximizing rooftop space to reduce carbon emissions, and we have both medium and large-scale efforts. Choosing the appropriate renewable technology to implement sustainability goals and knowing which incentive plans are available can be challenging to keep up with. Core Development Group, a nationally ranked renewable provider, has the diverse expertise necessary to offer companies trusted guidance and reliable services towards a sustainable future. Our mission is to help power the world’s companies and communities now and for years to come through sustainable energy development.
Commercial Solar Process Made Simple
Steps for Acquiring a Solar Rooftop System
- Telephone Consultation – Determine your needs and rooftop infrastructure, i.e. size of your roof, regulatory environment, shading situation, condition and age of rooftop, and initial discussions on potential tax credits, rebates and incentives with their financial impact. This step includes data collection of a variety of documents to understand client needs and site conditions.
- Site Audit – Meet onsite to validate conditions required to build a proposal.
- Proposal and Agreement – Determine client needs and agree upon the proposal
- Solar System Design – Starting with conceptual engineering design and proceed to a fully engineered design after conducting a site audit to understand the structural, electrical, and environmental situation so that a system can be customized to fit each project to maximize energy production, reduce costs, and optimize performance based on rate structures and energy usage patterns
- Permitting and Utility evaluation – The process of gaining approval from local, regional and potentially state regulatory bodies for the design and construction of the rooftop solar system along with the local distribution utility studying the proposed solar project to identify any potential impacts it will have on the grid and grant permission to interconnect into the utility electric distribution system.
- Procurement of equipment – Confirm, purchase, and delivery of solar panels, inverters, racking systems, inverters, and other components based on project requirements.
- Construction – Delivery of equipment, lifting to rooftop, installing appropriate racking, ballast, and solar panels, connecting to arrays, setting up inverters and electrical systems, and monitoring systems for performance tracking.
- Interconnection – The process of connecting a solar system to the electrical grid
- Solar System Operations and Maintenance (O&M) – to ensure the system is optimized and operates efficiently over the life of a system
- Benefits – Save money every year, increase property value, tax credits, re and other incentives, demonstrate commitment to sustainability responsibilities, potential for quick payback, price certainty with predictable electrical rates for decades…
Ideal Rooftop Solar Customer Characteristics:
- Total roof space of approximately 25,000 square feet or larger, preferably flat
- Commercial buildings, warehouses, office buildings, or structures with large rooftop surfaces, especially those new or recent roof surfaces facing south.
- Roofs that can structurally support a solar system
- Daytime electricity usage for HVAC, data centers, manufacturing, etc.
Can I get a quote for a commercial solar rooftop system?
Core Development Group provides full start-to-finish commercial solar services. The full suite of commercial services includes the solar development phase and turn-key Engineering, Procurement and Construction (EPC) services that will manage the solar project, including procuring all the equipment and materials, construction and installation of solar components, grid interconnection, monitoring and maintenance of the full commercial system to deliver a functioning solar generation system or asset to our clients.
