We install Solar Panel Systems for Commercial properties nationwide:
Receive a 30% of the purchase price in the form of a IRS Tax CreditÂ
Receive an additional 20% Tax credit
Receive Accelerated Depreciation as a tax Deduction
Receive a No out of pocket Roof*
Receive additional Bonus Credits
Reduce Electric bills up to 95%Â
Or Lease your roof for Solar Community and earn $1,000’s of dollars each month in Lease Income
*This is possible in many cases. Â After we examine your current electric bills , we will prepare a solar estimate that will outline all the benefits and savings.C
Overview
There are two tax credits available for businesses and other entities like nonprofits and local and tribal governments that purchase solar energy systemsÂ
The investment tax credit (ITC) is a tax credit that reduces the federal income tax liability for a percentage of the cost of a solar system that is installed during the tax year.
The production tax credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying technologies for the first 10 years of a systemâs operation. It reduces the federal income tax liability and is adjusted annually for inflation.
Generally, project owners cannot claim both the ITC and the PTC for the same property, although they could claim different credits for co-located systems, like solar and storage, depending on what further guidance is issued by the Internal Revenue Service (IRS). Other types of renewable energy and storage technologies are also eligible for the ITC but are beyond the scope of this webpage.