Benefits of Solar Ownership

Additional Income

Utilizing this abundant power source not only makes economic sense but it also reduces emission of harmful gases from coal and gas powered energy generation.

Financial Incentives

Businesses with a long-term lease or self-owned/operated building can save substantially on energy cost with a solar system, which is now affordable with various utility and government incentives.

Property Value

As a property owner, you can sell solar power to your tenants or to your local utility company and generate additional income thereby increasing the value of your property.

Tax Deduction

In addition to the 30% investment tax credits, solar systems qualify for bonus accelerated depreciation, further reducing your taxable income.

graph

Cash Rebates from Government

With the current available incentives, which can subsidize 60-70% of the total solar system cost, the system owners can realize level of returns that may surpass most other investment vehicles with comparable risk levels.

  • 30% Investment Tax Credit (ITC)
  • Bonus accelerated amortization
  • 5 – 10% State Rebate (Over 5 Years)

30% ITC + 30% Tax Credit From Accelerated Amortization (85% Deduction x 35% Tax Rate – over 5 years) + 10% Utility Rebate* = 70%
* Note – Utility rebates vary depending on your local utility programs.

How Solar Works

step1

Step 01

Our sun provides energy that is about than 10,000 times our current needs

step1

Step 02

Solar panels convert direct sunlight into electricity

step1

Step 03

The inverter converts DC power from the solar panels to AC power

step1

Step 04

Converted AC is metered and used

step1

Step 05

Excess electricity produced is fed into the grid for credit against your future bills