Save Big with Tax Credits
Advantages Of Commercial Solar Energy
Avoiding Rising Energy Rates - By your business providing its own energy, the rising cost of energy will only increase your savings over time.
Rapid Return on Investment (ROI) - While there's an initial investment, commercial solar systems typically offer a strong ROI. Thanks to energy bill savings, and various incentives, businesses can see their investment paid back within a relatively short period (often 3-7 years), after which they effectively receive free electricity for the lifespan of the system.
Attractive Financial Incentives & Tax Benefits - The federal government, along with many states and local municipalities, offers significant incentives for commercial solar installations. These often include:
Government Incentives
For Commercial Solar
USDA REAP Grant is available to rural small businesses and covers 50% of solar project costs. We provide REAP grant writing.
30% Investment Tax Credit is available for commercial solar projects under 1MW AC.
Businesses can depreciate the cost of solar equipment over a much shorter period (e.g., 5 years) than typical assets, leading to considerable tax deductions.
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Contact Us
(423) 650-0637
www.volunteersolar.org
2328 Georgetown Rd NW
Cleveland, TN 37312