Commercial

Rooftop Solar, Ground Solar or Solar Parking Canopies, we provide them all.

Business owners, finance officers, facilities managers, sustainability experts and energy engineers continue to choose Hannah Solar for their renewable power needs. Whether it’s for a specific IRR, a corporate clean energy goal, a modern architectural look or a way to save on your electricity expenses, we’ve got you covered. We will help you find all the tax incentives and utility programs that help your project economics. Our state experts know the existing regulations and policies that define solar project parameters and thus, we will never “oversell” or create solar arrays that are economical in one location but not in yours. You can expect great ROI/IRR and short payback times and enjoy the benefit of helping the planet and feel good about your investment!

Why Solar?

Solar as a resource is clean, unlimited, independent, and free

Solar is a solid financial investment with a good ROI. It can help you reduce your monthly electric bill and lower your seasonal or peak electricity demand. Solar PV is a proven, reliable, cost effective way to create clean electricity on your property.

Benefits of Solar

Solar investments deliver on a multitude of financial and environmental levels.

Tax Benefits

Preserve working capital and reduce taxable income through tax credits and depreciation

Energy Savings

Hedge against rising utility expenses with long-term energy cost savings for 25+ years

Competitiveness

Enhance your competitiveness in both local and global economies with favorable brand value

Environmental

Demonstrate your environmental responsibility, stewardship and progressive thinking

How It Works

Solar Photovoltaic arrays capture sunlight and convert it into electricity. In only 10 seconds, the sun sends over 10,000 times the energy needed to provide the world’s total combined energy use.

1Photons to Electricity

Photovoltaic (PV) cells made from purified silicon use photos in sunlight to excite electrons that create electric energy.

2DC to AC Conversion

An inverter electronically converts the direct current (DC) electricity from the panels into alternating current (AC) and matches the grid.

3Clean Power For the Future

The building uses the solar-generated electricity, therby reducing its need for grid energy with long-term solar power.

4Enjoy the Benefits

Preserve working capital by reducing taxable income, ensure resiliency and energy cost controls, gain favorable corporate consideration and reduce your carbon footprint.

Financing Solar and Storage Projects

Hannah Solar works with several companies that specialize in solar options depending on your state laws and utility programs. Please let us work with you to understand your economic requirements and how we can best address them. Our solar options range from:

SEPA in Georgia - Solar Energy Procurement Agreement

A long term agreement in which the customer (off-taker) buys power at a negotiated SEPA rate ($/kWh) for a specified SEPA term without taking ownership of the system. A Third-Party owns the system and is responsible for all permitting, installation, maintenance, and decommissioning. This went into effect after House Bill 57 (The Solar Power Free Market Financing Act of 2015) was signed into law on July 1, 2015. It amended the Territorial Electric Service Act of 1973 , allowing for Third Party Ownership of solar in the state of Georgia.

Third Party Power Purchase Agreements

3rd party PPA’s provide a way for you to purchase your electricity from the solar array owner if it is not you. You provide the land or roof space and agree to buy the electricity at a preset rate for the term of the agreement. Terms generally run from 25-35 years.

Leasing

We work closely with several banks and financial companies who offer solar specific lease options where 3rd party power purchase agreements are not yet allowed. These are also a good option for some nonprofits who cannot take advantage of the *Federal Tax Credit and Accelerated/Bonus since the leasing company will use those savings to provide a lower cost to you.

Other Options

Other Options may include local funds from impact investors, affiliated donation programs with in your nonprofit, and more.

*The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 30 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value. The ITC will be stepped down over the next 5 years. Here are the specifics: 2016 – 2019: The tax credit remains at 30 percent of the cost of the system. 2020: Owners of new residential and commercial solar can deduct 26 percent of the cost of the system from their taxes. 2021: Owners of new residential and commercial solar can deduct 22 percent of the cost of the system from their taxes. 2022 onwards: Owners of new commercial solar energy systems can deduct 10 percent of the cost of the system from their taxes. There is no federal credit for residential solar energy systems. In previous years, owners of new solar energy systems could not claim the tax credit unless their system was operational. Now, recent legislation allows homeowners to claim it as soon as the construction of the system begins, as long as the solar panel system is operational by December 31, 2023.

Get started with solar today.

Now is the best time to invest in solar based on the technology, low cost, and available incentives. The benefits of using solar power will continue as long as you use electricity to power homes and buildings.

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