Commercial Solar Installation in Michigan
The United States has seen an annual growth rate of 33% in the last 10 years for solar installations. This is due to all the benefits, tax incentives and grands to help with costs.
It's expected that solar usage will continue to grow at this pace for years to come as solar power has established itself as the most cost-effective option for true energy independence for your business.
About this chart
Peninsula Solar is the premier commercial solar installer for Traverse City, Northern Michigan and the Upper Peninsula.
At Peninsula Solar, we only use the most efficient and dependable solar equipment. In our line of solar installations, we integrate best-in-class components to create top-tier energy production systems that lower electric bills for businesses across the region.
Reduce Rising Utility Costs
Peninsula Solar can help you save thousands of dollars over time by owning your energy instead of renting it from the utility company.
Let our team give you a free estimate.
Our Specialized Services
Utility-Scale Solar and Energy Storage
At Peninsula Solar, we're equipped to design and implement large-scale solar farms and energy storage facilities that feed directly into the power grid. These systems, capable of generating and storing megawatts to gigawatts of power, play a crucial role in integrating renewable energy into the grid and managing peak demand.
Commercial and Industrial Solutions
We offer tailored solar and energy storage systems for businesses, factories, and other large facilities. Whether you need roof-mounted, ground-mounted, or carport systems, we combine cutting-edge solar panels with energy storage solutions. This approach not only reduces electricity costs but also increases energy independence and opens opportunities for participation in grid services.
Data-Driven System Optimization
Our team employs real-time data analysis to right-size your solar and energy storage system (ESS). By carefully examining your facility's energy consumption patterns, we ensure that your system meets your specific needs without unnecessary capacity, optimizing your investment.
Advanced Load Analysis
We go beyond basic installation by conducting comprehensive load analyses. This includes:
- Optimizing energy usage patterns for time-of-use electricity rates
- Identifying opportunities for demand response participation
- Maximizing self-consumption and minimizing grid reliance through behind-the-meter solar and ESS optimization
End-to-End Project Management
Peninsula Solar offers a truly comprehensive approach. We handle every aspect of your solar and energy storage project in-house, including:
- Initial energy analysis and system design
- Engineering and permitting
- Equipment procurement
- Construction and installation
- System commissioning and ongoing maintenance
This holistic approach ensures streamlined projects and seamless integration between all system components.
Is Commercial Solar Worth it in Michigan?
Businesses in Upper Michigan pay some of the highest energy rates in the country and these prices will continue to increase. You can offset up to 100% of your energy costs by installing a suitable solar energy system.
Some of the best benefits to installing a solar system for your business are:
- You can save thousands of dollars per year by offsetting your energy costs.
- You can earn a substantial tax credit.
- They require very little maintenance for your business.
- It can improve your business value and public image.
- Solar panels are very durable and can last 25 years or more providing a great return on investment.
If you're ready to save money on your energy bills and remove your dependence on the grid, talk to Peninsula Solar today for a free quote. By installing a solar energy system you can significantly reduce your energy costs and save your business substantial money year after year for decades to come.
Save Money on Energy Bills
Peninsula Solar can help you save thousands of dollars over time by owning your energy instead of renting it from the utility company.
Let our team give you a free estimate.
Cost to Install a Commercial Solar System
The cost to install a commercial solar system is dependent on how much energy your business needs. Businesses that require more energy to operate will typically require a larger solar energy system.
The customers that have the largest energy consumption are often the ones that benefit the most from solar energy. The team at Peninsula Solar will design an energy efficient system to fit your needs, and with a battery-tied system, you can even keep your business running during a utility power outage.
Besides the size of the system, some other factors that influence system cost are:
- Ease of access to the job site.
- Difficult to access rooftops due to pitch or working height.
- Overly rocky, wet, muddy, or uneven ground surface.
- Distance from the solar array to the point of electrical interconnection.
Taxes & Incentives for a Commercial Solar System
Just like with a residential solar system, There are generous tax incentives and grants to help reduce the overall cost of your commercial solar installation.
Federal Solar Incentives for Commercial Installation
As a business you can file for the Business Energy Investment Tax Credit (ITC). This tax credit allows your business to use 30% of the installed cost of the solar system as a tax credit.
This substantial tax incentive makes a solar installation a financial no-brainer. More and more business owners are realizing that they can't afford not to have energy independence through solar.
Grants for Commercial Solar Systems
USDA Rural Energy for America Program (REAP) Grants provide guaranteed loan financing and grant funding for agricultural producers and rural small businesses for renewable energy systems.
- Loan guarantees on loans up to 75% of total installed cost
- Guaranteed funding up to 75% of total installed cost
- Combined grant and loan guaranteed funding up to 75% of total installed cost
Save 30% on Your Installation Costs
You can currently get 30% back as a tax credit when you install a new solar system or expand your current one.
This can save you thousands of dollars on the installation.
Financing a Commercial Solar System
If you're not paying cash for your installation then you'll be opting for financing.
The two main ways to secure financing for your solar installation is through the Michigan Saves loan program or the USDA Rural Energy for America Program.
Consumers Energy Customers
As a Consumers Energy customer you can receive loans with a 0% APR for 36 months up to $75,000 through Michigan Saves.
DTE Energy Customers
As a DTE Energy customer you can receive loans with 0% APR for 24 months up to $50,000 or 2.99% APR financing for 60 months up to $150,000 through Michigan Saves.
To help in your decision on how to finance you should speak with Peninsula Solar today to have your new solar energy system designed specific to your business' needs. You can call us at 906-235-0340 or request a quote online to learn more about our products and services.
Get a Commercial Solar System Quote for Your Business
Peninsula Solar has over a decade of experience in designing the best solar systems for commercial and residential installs. All installations are custom-designed for your personal and professional needs.
The experts on our team will step you through everything you need to know about installing solar and will handle everything from calculating your power needs to even handling all the permits for the installation.
We have helped several businesses in Northern Michigan and the Upper Peninsula achieve energy independence and save tons of money on costly energy bills with state-of-the-art solar systems.
Call the Peninsula Solar team at (906)-235-0340 or fill out a quote request form to speak with our team at any time to see how solar energy can help your business and save you money on energy.