Available Commercial Solar Incentives
Investment Tax Credit
Also know as the Federal Income Tax Credit. This incentive allows you to recoop up to 50% of the cost of going solar.
- Investment Tax Credit - 30% of cost of solar project
- Domestic Tax Credit - 10% (US Made Bonus)
- Low Income Credit - 10% (limited Availability)
We have discovered a method that will allow you to convert your tax credits into cash profits. Find out how with our "Commercial Solar Business Report" or just schedule the Free 15 min zoom call to find out more.
Solar Equipment Depreciation
Depreciation of the Solar Energy System allows business owner to recoop even more of there investment.
They are eligable for accelerated depreciation and bonus depreciation wich allow them to take even more of it in the first few years. The big difference between Tax Credits and Depreciation is Tax Credits are a dollar for dollar reduction of tax liability while depreciation is treated as a decution on your tax returns.
SREC - Solar Renewable Energy Credit
A Solar Renewable Energy Credit is a tradable certificate that represents electricity generated from solar energy systems. For every megawatt-hour of electricity produced from solar, one SREC is earned.
Limited availability based on geographic location. 8 states offer credits including New Jersey, Pennsylvania, Ohio and Maryland. Where available great way to pad your ROI.
Additional Commercial Solar Incentives
- Sales Tax Exempt
- Property Tax Exempt
- State & Local Incentives - limited geographic availability
- Converts Exspense into Asset
EMERALD SUN ADVANTAGE
