Cabral Solar5_test2-modified_500

Small Business

Solar Energy for Swansea Massachusetts

Reduce or Stop Paying NatGrid

Save Thousands $$

Reinvest in Your Core Business

With Years of Savings

Swansea Massachusetts small business example

Small Business Statistics

According to the U.S. Small Business Association (SBA), 99.5% of Massachusetts businesses qualify as a small business. They employ nearly 44% of all workers in the state.

Swansea and the South Coast of Massachusetts have a diversified small business employment base, with many industries represented.

According to U.S. Census data, the combination of consumer retail, manufacturing, construction, and professional services employ nearly 48% of all workers in the area. Solar energy provides a great competitive cost reduction opportunity for each of those industries.

Swansea Electricity Costs

The US Energy Information Administration (EIA) collects a wide range of energy data to analyze and distribute information. The goal is to promote sound policymaking and effective markets, and to help the public understanding of energy and its interaction with the economy.

Swansea small business customers reportedly pay from $0.261 to $0.34 per kWh. On average, business pays about $0.288 per kWh in the town.

Although the Swansea average rate is close to the Massachusetts state average, local National Grid customers are paying the 4th highest rates in the U.S.

Solar Energy Savings

A solar energy investment in Swansea is your best option to significantly reduce your electricity costs and give your small business an additional competitive edge. 

Small businesses can save as much as $13k each year at today’s rate.

Cut or Eliminate Your Electricity Bill

Massachusetts electric utilities are required to support net metering. Net metering is a billing method where the solar energy system owner is given credit for excess solar generated electricity sent back to the grid. Your business saves by offsetting electricity purchased from the utility on sunny days plus using your net metering credits at other times.

Reduce Your Federal Income Taxes

Your business can also use the federal 30% Investment Tax Credit (ITC), in one year or across multiple years until fully credited. All solar energy expenses are included. When annual savings and incentives are combined, you can save tens or hundreds of thousands of dollars over the lifetime of the solar energy system.

Massachusetts Solar Incentives

Solar energy equipment is completely exempt from sales and use tax in Massachusetts.
Swansea businesses may claim a state income tax credit worth 15% of total solar installation cost, up to $1,000

Example Swansea Business Types

Consider Adding Public Access EV Charging

Adding public access EV chargers can enhance your business by creating new motivations to stop and shop or buy your products and services. Studies show solar plus EV charging make even more positive impressions on the public at large, enhancing their view of your environmental proaction.

Get a Quick Free Assessment