Saving with Solar: Your Home or Business

Residential rooftop solar installation in Urbana ChampaignGoing solar has never been easier or more cost-effective! Save money on your electric bills and reduce your environmental footprint with a solar system custom designed and installed by New Prairie.

With a breakeven point between 3 and 6 years and up to 20% ROI, solar is a prudent investment for the community. Reducing electric costs with solar means lower operating costs and increased cash flow. 

GET YOUR FREE SOLAR SAVINGS REPORT

Established in 1988, New Prairie Construction Company is dedicated to:

  1. Continuous devotion to quality
  2. Communication with our customers
  3. Commitment to safety

We utilize the latest satellite and drone technology to analyze each potential solar site. Our designers prepare a comprehensive solar proposal which accurately determines solar production, the value of state and federal incentives and net system cost.

Take a look through our installation portfolio to see rooftop solar, ground-mounted solar, and solar pergola and awning systems we have designed and installed in this area. As your local solar contractor, we can provide timely service and support in the future.

 

Solar energy for commercial business buildings

Energy Savings

A solar system typically continues to generate 80% of its rated capacity in year 30. Therefore, the utility savings over the system lifespan can be very significant. For example, a 10kW system produces approximately 12,500 kilowatt hours of electricity annually. If energy rates are $.10 per kilowatt, this amounts to $1,250 savings each year. If breakeven is 5 years, the energy cost savings over the next 25 years is $31,250 (30 years minus 5 year payback x $1,250).

Mitigate Rising Energy Costs

When considering the value a solar system could bring to your business, other factors to consider are the increasing electricity rates and variable rate structures. Historically, electric utility rates have risen around 3% per year nationally. Over 30 years, that can be a 90% increase in electricity costs.

Offset Time-of-Use Rates

Additionally, utilities are implementing demand charges and Time-of-Use Rates plans which can be mitigated with solar systems. Usually, Time-of-Use Rates charge a higher price for electricity during the daytime when demand on the grid is the highest. This is exactly when the solar system is maximizing production to offset grid usage.  Solar creates a lower fixed price for electricity, allowing your business to accurately project future operating costs.

Federal and State Incentives

In addition to the Federal Tax Credit and the State of Illinois SREC incentive, businesses can take advantage of depreciation tax deduction benefits to lower the overall cost of a solar installation. See the Incentives and Rebate Programs page.

Take a look through our portfolio to see solar power systems we have designed and installed in your community: