Advanced Green Technologies 2021 Top Commercial Solar Contractor Florida
Advanced Green Technologies Ranks as a Top Commercial Solar Contractor in Florida for the tenth consecutive year; #45 in the nation
Advanced Green Technologies (AGT), a leading provider of solar energy system engineering, procurement, and construction solutions earns the Top Commercial Solar EPC ranking in the State of Florida for the tenth consecutive year, and 114th solar contractor in the nation by Solar Power World for 2021, the solar industry’s leading media resource.
The top solar contractors’ list was created by Solar Power World to offer the industry an inside look at how solar companies stack up against one another. Starting with only 100 contractors in 2011 the list has grown to 500 in 2021and is compiled based on the total kilowatts installed for each of the company’s customers.
With more than 14 Megawatts installed in 2020, AGT leads the industry as the highest-volume commercial solar EPC in the State of Florida and 45th in the nation. To achieve this ranking, AGT completed many prominent projects last year, including a 2-Megawatt solar roof for Verizon in Lake Mary and the second-largest solar roof at the time of completion, 1.6 MW, in Doral, Florida for Costex Corporation.
“We believe the Top Contractors list brings AGT a sense of pride to our team and visibility to our potential customers.,” said AGT Vice President Clint Sockman, “Today we are building for Fortune 100’s alongside small business owners and the pipeline is as full as ever.”
Utility and Fuel Price Increasing for Businesses in Florida
The demand for solar installations in Florida is strong, especially following recent rate increase announcements from utility providers starting in 2022. According to recent announcements, small and medium-sized business customers would see annual rate increases of 3.9% to 4.4% between 2021 and 2025, which equate to over 18% during this time period. Large commercial and industrial customers with more complex rate structures should contact their account managers for information about their rate adjustments. With the 4% fuel increase we have already seen in May, combined, these increases could well exceed over 30% in total. One of the best ways businesses can offset some or all of their electricity use is by investing in solar, and there’s no better time than the present.
The Solar Investment Tax Credit Can Help Provide a Great Return on Investment
The solar investment tax credit (ITC), which was scheduled to drop from 26% to 22% this year, will remain at 26% for two more years. This means that all solar projects that begin construction this year and next will be eligible to receive the 26% tax credit. The credit will drop to 22% in 2023 for all market segments, including commercial and residential, then down to 10% permanently for the commercial and utility markets in 2024.
Contact AGT today for a complimentary solar project quote at 800-735-2641 or click here.