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Commercial and residential solar systems Installation Company in Charlotte. We are one of the best solar energy and solar installers in Charlotte, NC. Get a Free Solar Estimate Today! http://accelerate-solar.com/
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Own your power. Accelerate your savings.
Accelerate Solar, for over 7 years, has been Charlotte's full-service EPC solar source; consistently delivering on our commitment to quality in equipment, engineering, installation, electric vehicle (EV) charging stations, battery storage and Micro-grid systems, and operations & maintenance of solar arrays. Affiliated with Tesla, Duke Energy, manufacturers, et al. Our large Accelerate Solar family has NABCEP certified solar experts, licensed master electricians, project pipeline specialists, business development managers, array designers and installers — all working with a passion to bring our clients the proven, tested, and monitored resource of sustainable energy. GC Licenses: NC 74497, SC G119627 NABCEP Cert #: 091308-33 We offer turnkey installations and have a vertically integrated team of solar engineers and installers. Our permit and grid interconnection specialists guide you through the solar pipeline.
Why is right now the right time for solar? • Fed Investment Tax Credit valued at 30% of the entire solar/storage project cost. • NC Duke Energy Commercial Solar Rebate. Based on AC solar size. Up to a $50,000 check per meter. • MACRS accelerated depreciation on solar. 100% eligible depreciation in first year. • NC Property Tax Abatement of 80% of the property’s equity value increase after solar. • Property equity value increase is typically based on the value of 12 years of energy savings. • Most roof mounted solar has Zero roof penetrations other than bringing the conduit down from the roof. • Property Capitalization Rate increases dramatically and typical IRR is 11% to 18%.
Commercial Clients Kannapolis Middle School • Completed November, 2017 • 260kW DC size • Producing over 369,000 kWh each year • Status: Tremendous taxpayer savings and a valuable earning asset.
Commercial Clients Royal Oaks Elementary School • Completed: August, 2018 • 230kW DC size • Producing over 327,000 kWh each year • Status: Saving taxpayers money every day and the environment for our future engineers.
Commercial Clients Springhill Suites Hotel • Size: 108 kW DC • Will produce over 153,000 kWh per year • Start Date: Q1 2019 • Estimated Completion Date: Q1 2019 • Status: Awaiting final roof prep
Commercial Clients Aurora Apartments 51 KW One of a handful of Ginkgo Investments’ solar projects we have installed on their investor owned apartment buildings around Charlotte. With the success of the first system we are now moving forward on solar projects for all of Ginkgo’s 22 apartment buildings. Case study follows.
Ginkgo Investment Case Study Ginkgo Investment Fund made the switch to solar based on the mathematical realization that as soon as the solar array was turned on they had a positive property equity valuation. In essence, Ginkgo Investments evaluates all of their property investments with a valuation of 5x the annual income from the property improvement. The equity value increase of the property + 5 years worth of solar savings + the 30% Investment Tax Credit + 100% MACRS accelerated depreciation + Duke Energy Solar rebate (In NC, up to $50,000 per meter) + Property Tax Abatement - System Cost = Immediate Net Positive Investment Due to the success of these projects Ginkgo created the GinkgoGreen Initiative. This internal decision has helped Ginkgo Investments to attract a tremendous amount of new capital from many impact investors with a mission to expand the use of renewable energy.
Commercial Pipeline Morningstar Fellowship Church • Size: 224 kW DC • Estimated Start Date: Q1 2019 • Estimated Completion Date: Q1 2019 • Status: Awaiting Financing Decision
Solar Install Example 100kW Roof ballast mount installation Will produce around 143,000 kWh per year. Individual proposals will have a guaranteed kWh production value. Typical IRR of 11% to 18%+ Turnkey 100kW Installation: $210,000 + Property Equity Value Add NC Duke Solar Rebate: $50,000 + Renewable Goodwill Fed Investment Tax Credit: $63,000 + Massive Environmental Impact MACRS 100% Depreciation: $35,700 Net Solar PV Cost: $61,300
Centrally headquartered in Charlotte with onsite shop and warehousing. 10345 Nations Ford Road, Charlotte, NC 28273 877-997-7652 Expansion shop and warehouse opened in 2018 to serve the Santee Cooper Utility solar market.