Business Solution Incentives

solar energy NJ
Federal Investment Tax Credit/Grant (ITC)

The federal government is offering a 30% investment tax credit or 30% grant from the United States Treasury Department on solar property:  a) placed into service in 2009 or 2010; or b) placed into service between 2010 and January 1, 2017 as long as the construction began in 2009 or 2010.

6 Year Accelerated Depreciation Tax Benefits

The Modified Accelerated Cost Recovery System (MACRS) property class for solar property is 5 years.  See IRS Publication 946, IRS Form 4562: Depreciation and Amortization, and Instruction for Form 4562.

Bonus Depreciation Tax Benefit

The American Recovery and Reinvestment Act of 2009 (Stimulus Act) extends availability of the 50% bonus depreciation provision for capital expenditures incurred for solar property placed in service during 2009.

Solar Renewable Energy Certificate (SREC) Earnings

SRECs are tradable environmental commodities which are generated for each 1,000 kW hrs of solar production.  Currently valued at $650/kW, a standard 35,000 square foot building utilizing 220 kW could generate approximately $125,000 – $150,000 each year in SREC revenues.

Commercial Solar Energy In NJ

A solar energy system installation will increase the value of your building without increasing its property taxes.

Industry Advantage

Your company will have a competitive edge thanks to reduced overhead costs and your ability to promote a “green” image.

State and Utility Tax Incentives

Additional state and utility tax incentives may be available to some businesses.  We can help establish what money your business may be eligible for.

Electrical Energy Savings

From the first day your solar electric generating facility is active, you’ll be saving a large portion of money every year on your electricity bills.

You Make the Decision. We Handle the Rest! From helping you finance your system to completing its installation, we provide an unparalleled turn-key service solution.

Find out more about our SOLAR ADVANTAGE PROGRAM HERE or give us a call at 800-571-8661 today!

The Entech Group, Inc.
Office: 400 Morris Avenue, Suite 265, Denville, NJ 07834
Office: 202 Hamilton Blvd., South Plainfield, NJ 07080
Phone: 800-571-8661
Email: info@entechgroupinc.com