Weathering the COVID-19 Storm: JKB’s Commitment As the Top Ag Solar Provider In the State
Did you know energy, including solar, has been classified by the both state and federal governments as an essential industry? Here’s how our JKB Energy team continues to lean into our work as the top ag solar provider in the state.
Customer Service Is Business As Usual
Our office administration and sales teams are doing their part to bend the curve [CC1] by working from home, and we’re here to assist you through virtual meetings and proposal recommendations.
Safety First In the Field
Our construction crews are still hard at work and all projects are moving forward as planned with the health of our staff and customers first and foremost in mind. We are implementing individual employee wellness checks, monitoring the number of people per vehicle, and practicing the six-feet rule when interacting with others.
Ag First
We are doing our part to tackle the larger challenge at hand by supporting the essential California agriculture industry. We’ll continue to do whatever it takes to help our clients contribute to a stable food supply. Read more below about how solar can help your operation.
Take Advantage of 2020’s Rates: Utility Rates Are Set to Change
We will most likely experience an average rate increase of 8 - 10% in 2020 across all industry sectors, including the agricultural industry. Utility rates are currently scheduled to increase again in 2021.
· Rates have consistently increased over the years.
· Rate increases in 2020 and 2021 will be significant, jumping from single to double digits over the next two years. [CC2]
Based on these trends, energy costs will have increased a total of 25% to 30% from 2017 to 2021.
A Solar Safety Net
While these jumps in utility rates are certainly hefty, it is important to note that solar protects you from these rate changes. With solar, you no longer need to buy energy at higher rates because you can produce your own energy and create the opportunity to sell it back to utilities.
To preserve California agriculture for upcoming generations, we all need to think ahead and implement every advantage we can — including solar. This year is an especially great time to install solar with the help of the Federal ITC tax break known as Safe Harbor.
Safe Harbor
With the 2020 federal rates for solar investment tax credit, there’s still time to lock in this year’s rates before they drop. The Safe Harbor is active through 2023, but now through the end of the year is when you’ll receive the best tax credit of 26%. Ask our team members today about how to maximize the 2020 ITC rates.
It’s time to spring clean your panels! Check out our guide to ensure your solar is in the best shape to give you the best results: a clean system is a productive system. If you have any questions or concerns, please call us for more information at (209) 668-5303.