Harvest clean energy from the sun for your business!
In 2008 a tax credit program was introduced to encourage individuals and companies to invest in renewable energy. That program provides a 26% tax credit on all qualified, renewable energy projects, which is very attractive for those of us who pay taxes.
Check out our video where we explain the 26% tax credit that is available if you purchase and install solar this year!
The United States Department of Agriculture (USDA) offers The Rural Energy for America Program (REAP) financial assistance to purchase and install renewable energy systems to agricultural producers and rural small businesses in the United States. These grants provide up to 25% of the overall project’s cost. Together with the loans they provide, the combined grant and loan could fund up to 75% of the total project’s cost. Add the 26% tax credit and the financial aspect of your installation will immediately become even more appealing!
Most of us are not familiar with utility policies beyond knowing that your utilities send you a bill every month for what you use. The more you use the more you pay. But understanding the rules of connection becomes more important when you add solar energy production to your property.
Check out our 2 minute video to learn about net-metering.
The Modified Accelerated Cost Recovery System (MACRS) is the United States’ tax depreciation system. This tax deduction allows for businesses that install solar energy systems to decrease the time it takes to pay off their system’s equipment. Most businesses can use this tax deduction over five years.
There is also a bonus depreciation system that allows for faster depreciation and therefore encourages solar PV investment.
LEARN ABOUT THE MACRS AND THE BONUS MACRS
When your company makes a significant investment in solar, it is important to maintain up-time and functionality. While solar includes no moving parts and hardware is covered by long warranties, any failure could lead to loss of energy production from system down-time, and labor cost for warranty work can be accrued.
Contact us for more details.
To stay ahead of failures, GAI provides Operations and Maintenance (O&M) support in many forms:
Commercial projects require more than just a quick sketch-up of a standard-sized array. A GAI design starts with energy analysis and can include layout, building load analysis, and generation of permit package drawings. We work with your facilities or construction team to integrate the solar design into the overall project design and implementation schedule.
Planning a solar component at your facility? Contact GAI.
Location: 700 E Firmin St Ste 215
Kokomo, IN 46902
Location: 702 E Columbia St
Flora, IN 46929
Phone: +1 765 480 2423
Email: gai@solargai.com
Website: solargai.com
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