Multiple Corporate Options
The Time to Invest in Commercial Solar Energy is NOW!
Purchase a solar system for cash and take advantage of investment tax credits and depreciation allowances.
Solar electrical power can help your business in many ways. Electrical expenses have a major impact on the operating expenses of any business. Future price increases passed on by electrical utilities can be unpredictable and pose a threat to business stability and viability. Electrical disruptions and brownouts decrease productivity and reduce business profitability.
Federal Incentives for Commercial Businesses:
| Federal Grants / ITC for 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. |
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Modified Accelerated Cost Recovery System (MACRS) businesses may also qualify for federal tax benefits resulting from the rapid depreciation of the solar asset over 5 years. |
Incentives for Commercial Businesses in New Jersey are:
| Renewable Energy Incentive Program (REIP) Rebates receive a rebate of $1.75/watt up to 50KW. Will soon drop to $1.55/watt. | |
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Solar Renewable Energy Certificates (SRECs) production premium structured as a tradable market commodity. Currently trading at up to $0.68/KWH. |
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| JCP&L, ACE, and RECO are competitive solicitations for long-term (10-15 year) contracts for SRECs on a semi-annual basis. | |
| Added up, these economic advantages lead to investment returns ranging from 25% to 35% and pay back periods of 3-7 years. |
RELIABLE and ECONOMICAL electrical energy is ESSENTIAL to the health of any business in a modern economy. SOLAR ENERGY IS THE ANSWER!
Contact us at 732-886-5300 for a FREE site specific evaluation and analysis!