Business Solution Incentives

 
• 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.
• Increased Value
  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 intallation, we provide an unparalleled turn-key service solution.

Find out more about our SOLAR ADVANTAGE PROGRAM HERE