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A feed-in tariff is the amount your electricity retailer pays your for any electricity your solar system generates that you don’t use or consume, and is instead fed back into the electric grid. You’ll want to work with a local solar installer who is knowledgeable about feed-in tariffs in your area, as different states have different policies.

In the solar industry, the payback period is the time it takes for your system’s energy savings to cover the cost of installing the system.

Just like many consumer products, the cost of your system will vary greatly by the quality of your system’s components and installer. It’s important to remember that a quality solar system might cost more upfront, but will produce more energy and last longer. Other factors can also affect the cost such as government incentives, number of solar panels required, accessibility of the roof, and more. A SunPower commercial partner can walk you through each step of the solar process to ensure you’re comfortable with the costs of your system and you understand your long-term energy savings.

Electricity prices continue to rise and so do your operational expenses. Fortunately, the cost of going solar has never been more affordable. When you install a solar system now, you can offset your electricity bills to protect your business against future energy expenses.