Investing in a solar car canopy is the most strategic — and financially sound — solution for protecting your inventory from hail.
If you have considered protection for your inventory and/or your insurance company is financially incentivizing you to do so, solar canopies provides dealerships with a strategic solution.
Covering your inventory
The solar support structures and car canopies are designed to match the high caliber aesthetics of each dealership, including under canopy lighting to protect all, or the majority of your inventory.
Investing in a quick & lasting solution
Production and installation of a solar car canopy for protection can happen in a few short months, and the use of solar canopies provides the same protection as static canopies.
Reducing or eliminating power bills
With the escalation of in the cost of power, owning a solar array that generates the majority of power needed to operate the business provides a valuable hedge against ever-increasing utility bills.
Paying for itself in 5 years or less
The solar array produces free cash flow in the form of energy savings, which can later be realized at the sale of the business and/or property.
Promoting corporate sustainability
This investment will substantially reduce the total carbon footprint of your business and create a powerful marketing tool that will highlight the sustainability goals of the company.
Overview of Federal Tax Credits
Time is running out to capitalize on current solar tax incentives and benefits
- First offered in 2006, the 30% Federal Investment Tax Credit was extended until the end of 2020, when it begins to decrease down to 10% by 2022.
- This credit lets businesses recoup 30% of the cost of their solar systems — and any structure to host it — in the first year.
- Combined with the current 100% Accelerated Depreciation and local utility rebates, you can recoup more than 50% of the system cost in the very first year alone.
Hitting too close to home – the growing cost of hail damage
- Every year,hundreds of storms pummel dealerships all across the United States, producing everything from baseball-sized hailstones in Dallas, Texas to softball-sized chunks in Colorado Springs and record-breaking grapefruit-sized balls of ice in northern Alabama.
- Hailstorms are now producing $8-10 billion in damage every year, and automotive insurers are responding by increasing deductibles to share in the loses with their clients or increasing them all together
The Renewvia Hail Protection Workflow
Design, engineering, and permitting the solar canopy and conventional shade structure varies with every jurisdiction. The structures are sometimes subject to the same setbacks as a standard building, requiring more diligent design as it relates to maximizing a coverage layout.
Solar and regular canopy construction begins with staging. It is never easy to give spaces for material, but getting all materials on site is the most strategic for completing the project in a timely manner.
Drilling, setting, and pouring the columns is the most invasive portion of the project.
The standard foundation is about 10’ deep in good soils.
If soils are not acceptable for conventionally stabilizing a column, or if an infrastructure item is below, a spread footing can be utilized to maintain the desired layout.
The drill, set, pour phase of the project is the most sensitive and most critical to complete. Drilling can’t take place in inclement weather or when the ground is frozen, and cement can’t be poured under a certain temperature. Once this phase is completed, the remainder of work is much less susceptable to delays due to weather.
Renewvia diligently plans with the dealer to strategically phase each stage of the project. Once the framing phase is completed, the spaces are one step from being released back for use.
Installing the panels is the last structural step. The electricians can then efficiently complete the electrical connections to each panel and connect each solar array to the building’s existing electrical distribution system.
The canopy is designed to completely cover 9'x18' parking spaces at a specified height.