​

• Take Advantage of Federal, State, and Local Incentives 

• Federal Investment Tax Credit (ITC): 30% write off through 2032

• Through the Inflation Reduction Act signed into law on August 16, 2022, the 30% solar tax credit  was reinstated for all residential solar installations through 2032. This higher 30% rate is also retroactive to 2022 solar installations that were previously subject to the 26% rate.

• There has never been a better time to go solar and help create a cleaner and more sustainable energy future. If you'd like to start your solar journey and claim the newly reinstated 30% solar tax credit, click the button below for a free, no-obligation solar consultation.

• 30% Federal ITC

 

• MACRS Investment Depreciation

​​

• Every commercial solar system qualifies for the Modified Accelerated Cost Recovery System (MACRS), which was established in 1986 as a method of depreciation in which a business’ investments are recovered, for tax purposes, over a specified period of time via annual deductions. Qualifying solar equipment is eligible for a cost recovery period of up to five years.

​​

• USDA REAP Grants

​​

• The Rural Energy for America Program (REAP) grant was established by the USDA to assist agricultural producers with renewable energy investments. This REAP grant is available in select rural towns across the country with a population below a certain threshold and covers 25% of a solar investment up to $500,000 for qualifying businesses.

 

 

​

​

​

​

​

​

​

​

​

​

 

 

 

*Source: gtmresearch & SEIA

• Today, the levelized cost of energy (LCOE) for solar is one-third the cost of traditional utility offerings. Businesses who generate solar energy are guaranteed a 70% savings on energy for the useful life of a solar energy system