Last Updated: May 6th, 2020 at 2:14 pm
Read Time: 2 Minutes
POWERHOME SOLAR’s primary focus has been on installing solar panels for residential customers in the six states it serves. Soon, though, it will open a commercial division of the company to better serve that market.
Starting in Michigan and later expanding into its other markets, POWERHOME aims to work with companies large and small that have expansive roof space for solar panels and use a lot of power (giving these companies the chance to save even more money on their electric bills). Beyond that, POWERHOME will look at working with developer-owned office buildings, where it can help developers power the common areas of their buildings (halls, elevators, bathrooms) and outdoor lights by installing canopy solar carports. The parking lots of those buildings are often expansive and offer a great sun-drenched spot to install solar.
The benefits for businesses in installing solar panels are much the same as they are for homeowners. These businesses can significantly reduce their electric bills and carbon footprint, own their power, and enjoy the benefit of the 30-percent federal tax incentive on newly-installed solar.
Where it changes for businesses is the 100 percent bonus depreciation that’s now available on solar expenditures, meaning that those businesses can deduct the entire expense of solar in the first year, making solar an even better value. Combine that with the new 21 percent corporate tax rate that went into effect a year ago, and conditions are indeed right for businesses to make this leap.
POWERHOME sees real opportunity to help the businesses in Michigan and its other markets, and it wants to speak with them. The company is already the largest residential solar provider in Michigan, and it is also an official partner of the Detroit Lions, having installed solar panels on the parking garage at Ford Field and at the team’s practice facility in Allen Park. Even more recently, POWERHOME was named the state’s Emerging Business of the Year by the Michigan Energy Innovation Business Council. The business has real momentum heading into 2019, and we want to help your business realize its own clean energy goals.
While Michigan is our official starting point, we are still able to help businesses in POWERHOME’s other markets (North Carolina, Ohio, Pennsylvania, South Carolina and Virginia) interested in going solar right now. So don’t let that be a deterrent!
For more information on how your business could benefit from solar panels, contact POWERHOME SOLAR National Director of Business Development David Lewenz at 248-639-4234. There has never been a better time to go solar than now. Taking steps to eliminate your company’s electric bill will lead to higher profitability for your business and a cleaner, greener environment for all.