Commercial & Industrial Solar
Adopting Solar has never been easier or provided more savings for VT, NH and ME businesses. Major U.S. corporations such as Target, Amazon, Apple, and General Motors have become America’s biggest buyers of renewable energy. Their primary reasons? Lower power bills and generous tax credits.
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Solar For Business
Costs for commercial solar have plunged in recent years due to advances in technology along with increased production of Solar Photovoltaic (PV) panels worldwide. Paired with tax credits and the other incentives detailed below, large power users are finding renewable energy to be competitive with, or less expensive than, conventional sources of power. Solar PV improves your “Triple Bottom Line”: Financial Performance, Social Impact, and Environmental Responsibility.
The 70% drop in solar energy costs in the past decade, paired with federal and state incentives, gives your business:
Helping Save You Money on Solar
Federal Investment Tax Credit
Commercial and Industrial utility customers can take a 26% Federal Income Tax Credit to offset the upfront costs of the system.
100% First-year Bonus Depreciation
Equipment placed in service between September, 2017, and January, 2023, can qualify for 100% bonus depreciation in the first year.
State Tax Credits / Incentives
States offer investment tax credit or incentives for installations of renewable energy systems on business properties.