11/01/2023
What building types are best for rooftop solar? Industrial buildings, residential homes, and commercial and multifamily buildings are all great candidates for rooftop solar panels! Rooftop solar installations provide benefits to building owners and play a critical role in decarbonizing the electrical grid.
The Inflation Reduction Act (IRA) provides tax credits for solar installations, to help meet U.S. emissions goals by 2030. Industrial buildings with flat rooftops are ideal for rooftop solar panels, which help building owners and tenants contribute to decarbonization goals. Additionally, these projects require a minimum roof area of 100,000 sq. ft. and must be close to populated areas to provide excess energy to the public utility power grid.
With the increase in public policies and regulations surrounding rooftop solar, come increased tax incentives available for commercial real estate. Learn more about the role of solar installations in modernizing buildings and improving energy efficiency through this article by CBRE:
https://www.cbre.com/insights/viewpoints/solar-energy-opportunities-in-us-industrial-real-estate
Learn more about your property’s eligibility for incentives today at https://incentifind.com/
While annual U.S. commercial solar installations slowed in the past two years due to pandemic-related disruption in the supply chain, the industry is projected to rebound in the coming years.