BINGHAM CONSTRUCTION
GO GREEN - A solar energy system furnished and installed by Bingham Construction, will allow you to become less dependent on fossil fuels and foreign oil sources. Help the environment by using renewable energy. Green technologies are the wave of the future, putting you a step ahead and ensuring success in this financial environment.
SAVE MONEY - Electricity rates have risen from $ 0.02 per KWH to $ 0.20 per KWH from 1970 to 2006. This represents an increase of upwards of 6% per year. Solar energy will reduce, and has the potential to eliminate, your electric bill completely. Installing a solar power system is equivalent to prepaying for the next 40 years of power usage at a fraction of the cost you are currently paying. Bingham Construction will help you maximize your solar systems efficiency to reduce electric bills while at the same time preventing the generated power from reentering the grid.
REDUCE YOUR TAX LIABILITY - The federal government is providing a 30% tax credit to customers purchasing a solar energy system. Tax credits, unlike tax deductions, reduce your bottom line tax liability. Therefore you are able to write off 30% of the total installation cost of the solar system against your federal net tax liability.
STATE REBATE -Through the California Solar Initiative, the State will pay for 20-25% of the installation cost of the solar system.. In systems below 50,000 watts the State will send you a rebate for $ 1.55 per watt of power generated by the system. On larger systems, they pay over 60 months. Bingham Construction will manage all of the regulatory work required for you to begin receiving your rebates.
TURNKEY INSTALLATION -Bingham Construction is a full service contractor who will provide to you a complete turnkey project, including, but not limited to, engineering, plans & permits, project management, coordination of the California Rebate Program, and all applicable warranties. We’ll take care of it all. We’ll take care of the solar, we’ll take care of the roof, and we’ll take care of the design and will help you save money throughout the whole process.
AVAILABLE FINANCING - Bingham Construction has partnered with financial investment firms to provide Power Purchase Agreements (PPA’s) to building owners. A PPA is a long-term agreement between the financing firm and the owner that allows the financing firm to purchase, install, own, and operate the solar system and then sell the electricity generated from the system to the owner. At the end of the PPA agreement, the owner may elect to purchase the solar system outright or extend the PPA. A PPA can be structured so that there are no out of pocket expenses.