COMMERCIAL
SOLAR 101
THE GOOD, THE BAD & THE UGLY
ABOUT US
HPE takes pride in owning a renewable energy
system at our facility, which gives us firsthand
experience with the significant cost savings
achieved through solar solutions and effective
energy management.
When solar proves to be a viable option, our array
of offerings, including carports, ground mounts,
and rooftop solar, present numerous ancillary
advantages beyond energy cost savings, federal
tax credits, and accelerated depreciation
benefits. These features can elevate your facility
and brand while enhancing its overall appeal.
WAYS TO PAY
Cash
When factoring in tax credits, total
savings on a cash purchased system
are 30% – 40%.
Finance
By utilizing tax savings as a down
payment on a financed system, total
savings are 10% – 15%.
BASIC GUIDELINES FOR SYSTEM SIZING
The following metrics will help determine which system size is best suited for your needs
Annual SCE Cost
<$18,000
Annual Usage (kWh)
<60,000
Savings Cost
40% of Annual Bill
Payback
7 Years
Upfront Cost
SCE costs x8
Annual SCE Cost
$18,000 – $65,000
Annual Usage (kWh)
60,000 – 220,000
Savings Cost
35% of Annual Bill
Payback
8 Years
Upfront Cost
SCE costs x9
Annual SCE Cost
$65,000+
Annual Usage (kwh)
220,000+
Savings Cost
30% of Annual Bill
Payback
7 Years
Upfront Cost
SCE costs x8
*30 – 50% OF THE COST CAN BE CAPTURED IN 1ST YEAR TAX BENEFITS
How to Move Forward
At HPE, we prioritize profitability and efficiency while remaining
committed to innovation. We take a strategic approach and have
adopted the process below to identify opportunities where our expertise
can make a difference.
Please analyze the metrics above to determine your
position, expenses, and potential return on investment.
If the economics work for you, the next step is to provide a
$500 deposit for us to create a site-specific proposal(s).
Should you choose to proceed with the proposal, the $500
deposit will be credited towards the purchase price.