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Putting Solar Energy to Work For You

Defining Your Solar Purchase Return on Investment (ROI)

Calculations — Determining your bottom line value

Finding the fit within the organization’s budget and assessing the long term financial returns is a priority for every company. Scroll down to see a brief explanation of some of the methods and terminology used to calculate returns.

Putting Money to Work

There are always many investment opportunities competing for your available cash or credit. The better choices will give you a sufficient return on the value of the money, by your preferred method or calculation. Buying a solar energy system has proven to be extremely competitive and at times a better choice to more quickly return the investment and generate decades of cash flow. At BlueSel Commercial Solar we work with each customer’s preferred financial calculation methods like these:

A Return on Investment (ROI) calculation provides a relatively simple perspective of how much money you will save over the entire lifetime of a solar project. ROI values are commonly formulated over 10, 20, or 30 year periods. A comprehensive ROI formula for commercial solar will include:

Current utility costs. 
Future utility costs, including changes in energy use and estimated utility cost increases.
Lifetime solar energy costs.
Associated taxes and any financing costs.
Solar rebates.

Levelized Cost of Energy (LCOE) is a method of normalizing the average lifetime costs generating electricity. It is the ratio of the initial capital cost plus the present value of all future operational costs (administration, maintenance and fuel) to the present value of all the energy produced during the anticipated lifetime of the project.

It is a method especially popular with utilities and policymakers, and some included factors may vary.

Cash flow analysis is not usually considered to be an independent means to evaluate a solar energy investment. It is often used an aide in making comparisons and investment and financing options.

Accountants use cash flow analysis to compare money made or spent on long-term assets the company has purchased or sold

Financial advisers summarize the IRR as the rate of growth a project is expected to generate. It is the percentage rate earned on each dollar invested for the period it is invested. In commercial real estate IRR is viewed as similar as interest on a capital purchase.

Generally speaking, the higher a project’s internal rate of return, the more desirable it is to undertake the project.

The Modified Accelerated Cost Recovery System (MACRS) is the current method of accelerated asset depreciation required by the U. S. income tax code. The policy allows businesses to recover investments in certain property through depreciation deductions, ranging from 3 to 50 years.

Solar energy systems for electricity generation are classified to allow 5 year accelerated deprecation.

We Support Customers in Many Industries

Where do you fit and how can we help?

BlueSel Commercial Solar hospitality project example

Hospitality

BlueSel Commercial Solar understands the unique energy requirements for lodging and hospitality. Let us show you how solar works for your location whether a year round or a seasonal location.

Industry

Commercial solar is a bankable way for business, large or small, to get control of rising energy costs. Let us show you how to you can turn solar savings into a benefit for your core business.

BlueSel Commercial Solar customer Eagle Hill School Hardwick Massachusetts photo 2

Non-Profit

BlueSel addresses the distinctive financial needs of non-profit organizations. Variable budgets require precise and efficient designs, and specific financing. Let us show you how to save with solar.

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More About BlueSel Solar

BlueSel Commercial Solar, Inc. is a locally owned solar energy system installation company with offices in Woburn and Sandwich, Massachusetts. It is co-owned by Wally Cole of Arlington, MA and Michael Tanghe of Hyannis, MA. Mike and Wally are also co-founders of BlueSel Home Solar Inc. Together, these two companies have installed over 550 solar installations with over 5.5 megawatts of solar energy system capacity.

BlueSel Solar was the first SunPower® Master Dealer in Massachusetts. The SunPower Master Dealer program is a “by invitation only”. Out of the 1,200 SunPower dealers around the world, only 21 have been invited to become Master Dealers. SunPower awards the title of Master for outstanding customer service and providing first-class installations.

Our construction process begins with a pre-construction planning meeting led by our EPC project manager and involving your on-site project representative and any other subcontractors who will manage on-site work. This meeting educates everyone on the installation and the construction steps in the process. In our experience, this team is able to develop the best plan to efficiently receive and locate materials and work in the construction site with the lowest impact to your business operations. It also establishes the personal connections to quickly solve problems and make optimal decision during the construction process.

For all of our work, we provide a 5 year workmanship warranty and act as your one-stop contact for the equipment warranties for your installed system. Our construction phase completes with documentation and training on the operation of the system, the maintenance schedule, and contact information for issue resolution. We also offer monitoring services that can identify system performance issues and keep your system running at optimal productive capacity.

Our project manager can acquire all the equipment and materials to implement the design and would work with you to fully manage the logistics of delivering and storing them onsite to minimize any disruption to your normal business operations.

Another important aspect of procurement is our proven ability to manage all the required permits for construction as well as all the required paperwork and interactions with the local utility for grid-connection authorization and PTO (permission to operate). We can also manage the application forms and processes for any incentive programs and credits the system is eligible for. Simply put – our system design includes everything needed to build your system, meet all requirements AND take advantage of all the incentives and credits you are due.

Our engineering begins with the first conversation to understand your electricity requirements, history and project goals. We survey the site and evaluate the total solar power potential and work with you to review the options for all potential solar installations – including the roofs of existing buildings as well as the possible options for Solar Systems over parking areas and unshaded land that might be used for ground-mount systems.

The cost, financing, payback period, and system lifetime ROI are reviewed for each option and the quality equipment included in our designs is always selected meet your budget and optimize the return on your financial investment.

Our engineering plans are fully certified by our engineering partner company – ARC DESIGN – to meet all structural and electrical requirements and qualify fully for current federal and state incentive programs.

More About BlueSel Solar

BlueSel Commercial Solar, Inc. is a locally owned solar energy system installation company with offices in Woburn and Sandwich, Massachusetts. It is co-owned by Wally Cole of Arlington, MA and Michael Tanghe of Hyannis, MA. Mike and Wally are also co-founders of BlueSel Home Solar Inc. Together, these two companies have installed over 550 solar installations with over 5.5 megawatts of solar energy system capacity.

BlueSel Solar was the first SunPower® Master Dealer in Massachusetts. The SunPower Master Dealer program is a “by invitation only”. Out of the 1,200 SunPower dealers around the world, only 21 have been invited to become Master Dealers. SunPower awards the title of Master for outstanding customer service and providing first-class installations.

More About BlueSel Solar

BlueSel Commercial Solar, Inc. is a locally owned solar energy system installation company with offices in Woburn and Sandwich, Massachusetts. It is co-owned by Wally Cole of Arlington, MA and Michael Tanghe of Hyannis, MA. Mike and Wally are also co-founders of BlueSel Home Solar Inc. Together, these two companies have installed over 550 solar installations with over 5.5 megawatts of solar energy system capacity.

BlueSel Solar was the first SunPower® Master Dealer in Massachusetts. The SunPower Master Dealer program is a “by invitation only”. Out of the 1,200 SunPower dealers around the world, only 21 have been invited to become Master Dealers. SunPower awards the title of Master for outstanding customer service and providing first-class installations.

Our construction process begins with a pre-construction planning meeting led by our EPC project manager and involving your on-site project representative and any other subcontractors who will manage on-site work. This meeting educates everyone on the installation and the construction steps in the process. In our experience, this team is able to develop the best plan to efficiently receive and locate materials and work in the construction site with the lowest impact to your business operations. It also establishes the personal connections to quickly solve problems and make optimal decision during the construction process.

For all of our work, we provide a 5 year workmanship warranty and act as your one-stop contact for the equipment warranties for your installed system. Our construction phase completes with documentation and training on the operation of the system, the maintenance schedule, and contact information for issue resolution. We also offer monitoring services that can identify system performance issues and keep your system running at optimal productive capacity.

Our project manager can acquire all the equipment and materials to implement the design and would work with you to fully manage the logistics of delivering and storing them onsite to minimize any disruption to your normal business operations.

Another important aspect of procurement is our proven ability to manage all the required permits for construction as well as all the required paperwork and interactions with the local utility for grid-connection authorization and PTO (permission to operate). We can also manage the application forms and processes for any incentive programs and credits the system is eligible for. Simply put – our system design includes everything needed to build your system, meet all requirements AND take advantage of all the incentives and credits you are due.

Our engineering begins with the first conversation to understand your electricity requirements, history and project goals. We survey the site and evaluate the total solar power potential and work with you to review the options for all potential solar installations – including the roofs of existing buildings as well as the possible options for Solar Systems over parking areas and unshaded land that might be used for ground-mount systems.

The cost, financing, payback period, and system lifetime ROI are reviewed for each option and the quality equipment included in our designs is always selected meet your budget and optimize the return on your financial investment.

Our engineering plans are fully certified by our engineering partner company – ARC DESIGN – to meet all structural and electrical requirements and qualify fully for current federal and state incentive programs.

More About BlueSel Solar

BlueSel Commercial Solar, Inc. is a locally owned solar energy system installation company with offices in Woburn and Sandwich, Massachusetts. It is co-owned by Wally Cole of Arlington, MA and Michael Tanghe of Hyannis, MA. Mike and Wally are also co-founders of BlueSel Home Solar Inc. Together, these two companies have installed over 550 solar installations with over 5.5 megawatts of solar energy system capacity.

BlueSel Solar was the first SunPower® Master Dealer in Massachusetts. The SunPower Master Dealer program is a “by invitation only”. Out of the 1,200 SunPower dealers around the world, only 21 have been invited to become Master Dealers. SunPower awards the title of Master for outstanding customer service and providing first-class installations.