Economic Benefits
Solar Energy Provides a Great Return on Investment!
| Solar system costs may be offset by a combination of federal tax credits, state incentives, earnings from the sale of energy certificates, and from energy savings. | ![]() |
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| Businesses that install grid connected solar systems which start construction by the end of 2010 can apply for grants amounting to 30% of the net purchase price. This can also come as a federal tax credit which is applicable for 6 years! | ||
| State rebates can cover 20%-35% of the cost of a solar electric system. | ||
| Solar Renewable Energy Certificates (SRECs) in many state are awarded by the state to producers of renewable energy. The monthly or quarterly sale of solar energy provides solar system owners with immediate income. The sale of SRECs helps pay down the cost of the solar system. | ||
| Businesses can potentially recover the complete cost of solar electric installation in 3-7 years. |
Contact us at 732-886-5300 for a FREE site specific evaluation and analysis!
