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A 30 KW-DC Commercial Solar Power System Will Offset the Following (over 25 years):1,800,000 lbs of CO2 (greenhouse gas) Having California commercial solar panels is like planting 15 acres of trees! Commercial solar panels will prevent 900,000 lbs of coal from being burned! Commercial Solar Power SystemsMany companies are setting environmental goals in their efforts to be good corporate citizens. Installing a commercial solar power system is an excellent way to fulfill corporate environmental goals, and at the same time, your company will benefit by fixing its electrical operating costs. Financing, a California Solar Rebate and Tax Grants/Credits, plus the tax benefit of Accelerated Depreciation and Year 1 Bonus Depreciation, Can Cover up to 100% of the Commercial Solar Power Systems Costs! For commercial solar power systems, the state provides a rebate of up to 20% of the system’s cost and the federal government provides your choice of a 30% federal tax credit or cash grant paid in full, 60 days after the system is commissioned. In addition, businesses can take advantage of the tax benefit of 5 year accelerated depreciation and year 1 bonus depreciation on solar projects. Positive cash flow can be obtained on most commercial solar power system installations as early as the first year after installation. Our commercial solar power system advisors will provide you a thorough financial analysis of the financial benefit to your company of installing solar, including when positive cash flow will be achieved, the tax benefits and incentives available to your company, and how they can increase your company’s annual cash flow and reduce your tax bill, break-even analysis and expected increased property value. Please consult with your tax advisor as to your particular tax situation and depreciation qualifications.
Summary of Commercial Solar Power System Incentives:
*The 30% DOE grant is in lieu of the 30% Federal Tax Credit. Commercial solar power system customers have their choice of taking the grant or the tax credit. The DOE grant is a lump sum payment of 30% of the net project costs after the state rebate. The Grant is payable 60 days after the solar system is placed in service. Power Your Business with
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