With the cost of solar panels at an all-time low, businesses of all sizes are investing in solar energy. Solar energy is an excellent pro-business and pro-community option for commercial operations.
By offering a tax credit equal to 30% of the total cost of your solar system, this incentive encourages individuals and businesses to invest in solar power. Through this program, eligible taxpayers can significantly reduce their state income tax liability by claiming a substantial portion of their solar system expenses. Utility companies, local financial institutions and municipal governments have also begun to offer various incentives that make owning a solar power system more cost effective than ever.
In many cases, going solar on a commercial building allows the owner to recoup the investment in less than 10 years. This is due to the power cost saving, the Federal Tax Credits and the MACRS accelerated depreciation schedule for commercial equipment.
Stop relying on your utility provider to repair your energy infrastructure after a devastating storm. Become energy independent with solar and open before all of your competition. Time is money!
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