Looking for a Commercial Solar Company? 5 Reasons Why You Should Choose Sunnova

  • March 09, 2023
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Is your organization looking for a commercial solar company?

Whether you manage a large corporation, run a small business, own a farm, sit on the board of a nonprofit, help administer a government agency or anything in between, finding the right fit in such a crowded marketplace can be challenging.

Enter Sunnova, a leading energy-as-a-service (EaaS) provider for the United States and its territories for more than a decade.

In 2012, we set out to create a better energy service at a better price to help more people gain energy independence. Since then, nearly a quarter million homeowners have trusted us to provide clean, affordable and reliable energy.

Now, we’re leveraging our 10+ years of residential solar experience and extensive dealer network to help businesses and public institutions of all sizes and sectors take control of their energy costs.

 

Here are five reasons why Sunnova is the commercial solar company you want to partner with.

1. We’re a Better Energy Service

Were a Better Energy Service

It's no secret that electricity usage can be one of the biggest and most unpredictable costs facing your company. From November 2021 to November 2022, the average kWh price of electricity in the U.S. commercial sector jumped more than 10% — and in states like California and Hawaii, north of 25%.*

Annual electricity rate hikes are now the expected norm.* From 2019 to 2021, average electricity prices for the commercial sector rose 5% — from 2021 to 2023, they’re forecast to grow 8.5%.*

Sunnova can help your business take control of electricity costs by transitioning you to solar power and battery storage, the latter of which allows you to store the energy from solar panels to use when the sun isn’t shining (or the grid goes down).

Our in-house engineering team works with a local dealer near you to design a commercial solar program tailored to your specific energy needs and local utility rate structures.

The resulting system can unlock:

  • Greater budget certainty
  • Smaller carbon footprint
  • More predictable energy costs
  • Reduced demand charges and resilient backup power for your essential equipment with solar + battery storage
  • Additional revenue streams like selling excess solar power back to the grid through net metering, or participating in local grid servicesSee Disclaimer Below
  • Sunnova makes no guarantees regarding credit for net energy exported to the electric grid and states’ policies regarding net metering may change over time.

We give you the best of both worlds — local dealers with local knowledge, all backed by one of the nation’s best EaaS providers.

 

2. We Offer Adaptive Business™ Solutions

We Offer Adaptive Business Solutions

If you want to achieve greater energy independence for your business, commercial solar is just the start. That’s where Adaptive Business™ comes in. This suite of energy technologies and services can be custom-tailored to meet your specific energy needs, business goals and local utility rate structures.

Sunnova Adaptive Business™ offerings include:

Commercial Solar
Commercial Solar
Gain greater budget certainty with predictable solar energy costs and help improve your financial returns by seamlessly generating your own power
Commercial Solar + Solar Battery Storage
Commercial Solar + Solar Battery Storage
Attract customers and top talent by installing a tailored commercial EV charging solution with a single point of contact
Commercial EV Charging
Commercial EV Charging
Help protect your business from high utility rates, find new revenue streams and avoid costly power outages by both generating and storing your own power
Sunnova Protect® Business
Sunnova Protect® Business
Have peace of mind knowing your investment is protected with a plan that includes maintenance, monitoring and a 25-year limited warranty on your solar + storage system

The future is electric. As an early adopter of Sunnova Adaptive Business™ technologies, you can drive your ESG goals by establishing your organization as an eco-conscious, purpose-driven leader in sustainability.

 

3. We Have the Right Financing Option for You

financing-option

Sticker shock stemming from the upfront cost of a commercial solar system can be a big hurdle for businesses looking to make the switch. Knowing about and having access to the right financing options and incentives helps make the investment in solar for your business much more palatable.

Depending on which state(s) your organization is in, there may be attractive incentives offered by your local and/or state government to adopt solar power.

This is on top of the recently passed Inflation Reduction Act, a federal bill that extended the solar Investment Tax Credit (ITC) for the next 10 years and increased the rate to 30%. This federal tax credit enables commercial customers who own their systems to claim a one-time credit on the installed cost of their solar — and now battery storage —systems.See Disclaimer Below

Your purchase may render you eligible for a federal tax credit. Tax incentives are subject to change or termination by executive, legislative or regulatory action. Sunnova makes no guarantees or representations regarding eligibility and does not provide tax advice. Contact your personal tax advisor for eligibility requirements.

Beyond incentives, how you finance your commercial solar panels matters too. Whether you want to pay via lease, loan or cash, Sunnova has the financing option that’s right for you:

Commercial Solar Loan

  • 25-year term
  • You can own your commercial solar system and spread the cost out over time while collecting tax incentivesSee Disclaimer Below
  • You may be eligible for a federal tax credit with the purchase of a solar system. To qualify for the tax credit, you must have federal income tax liability at least equal to the value of the tax credit. Tax incentives are subject to change or termination by executive, legislative or regulatory action. Sunnova makes no guarantees regarding eligibility of any of the system’s costs for tax benefits. Sunnova does not provide tax advice. Contact your tax advisor for eligibility requirements.

Commercial Solar Lease

  • 25-year term, with buyout options at years five and 15
  • You can transition to solar without significantly impacting cash flow

Commercial Solar Cash Purchase

  • Paid outright with no impact to your debt-to-income ratio
  • You can take advantage of tax incentives and save more over time versus a loan/leaseSee Disclaimer Below
  • You may be eligible for a federal tax credit with the purchase of a solar system. To qualify for the tax credit, you must have federal income tax liability at least equal to the value of the tax credit. Tax incentives are subject to change or termination by executive, legislative or regulatory action. Sunnova makes no guarantees regarding eligibility of any of the system’s costs for tax benefits. Sunnova does not provide tax advice. Contact your tax advisor for eligibility requirements.

We offer flexible commercial solar financing options starting at 50kW, catering to your tax status and business type.

 

4. We’re Committed to Our Customers

Were Committed to Our Customers

Much like your business, Sunnova takes the responsibility of customer service seriously — your satisfaction with our commercial solar service is a top priority.

We know communication and education play a big role in the commercial solar process. Whether you know a lot, a little or nothing at all about solar, our experts have the mastery to transparently and expediently address any questions or concerns you might have about how and why commercial solar works for you.

No matter where you’re at in the process — from the design, financing and installation of your commercial solar system through management, maintenance and protection — Sunnova strives to minimize day-to-day operational disruptions and provide a seamless, stress-free experience at every touchpoint.

Once your system is live, you can have peace of mind knowing your solar and solar + battery storage service comes with our Sunnova Protect® Business plan, which includes maintenance, monitoring and a limited warranty for repair and replacement of your solar and battery system components for 25 years.See Disclaimer Below

Refer to the Limited Warranty agreement for complete warranty terms and limitations on the battery, including the specifications for energy retention over the life of the battery.

 

5. We Strive for Sustainability

We Strive for Sustainability

Adopting commercial solar isn’t just good for your bottom line — it’s also good for the environment. Solar power can aid your ESG reporting because it allows for the generation of emissions-free renewable energy and can be counted as a renewable source of energy as long as the energy is not also sold as Renewable Energy Credits (RECs). In some markets, if Sunnova owns the system, we may sell the RECs and in those cases, you can not report it on your ESG report as that would be considered double dipping.

The electricity generated from your commercial solar system can satisfy a portion of your facility’s onsite power load, in turn limiting the electricity pulled from the grid, which is often generated from pollution-heavy fossil fuels.

At Sunnova we understand the importance of ESG and take our responsibility of enabling carbon emission reduction seriously. In fact, in 2021 alone, 2.6 million carbon dioxide equivalents (CO2e) were avoided from solar systems in use by our customers.

And by year-end 2023, we plan to build a customer base whose solar systems are expected to offset 52 million metric tons of carbon dioxide over their useful life. We also plan to institute a supplier engagement system to quantify ESG impacts for all our Tier 1 solar suppliers.*

 

Start Your Commercial Solar Journey Today

If you’re looking for the best commercial solar company, Sunnova should be your top choice for several reasons:

  • Our strong commitment to sustainability
  • Our broad suite of energy products and services
  • Our variety of commercial solar financing options
  • Our commitment to customer satisfaction, with a 4-star average rating on Google
  • Our strong track record of success, with 250k+ residential customers in the U.S. & territories

Regardless of your organization’s size or scope, we can help power your energy independence.

 

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