Federal & State Tax Incentives

Solar Investment Tax Credit (ITC)

The ITC is a significant tax incentive, covering 30% for your commercial solar installation. This makes the ITC one of the most attractive incentives to getting your commercial solar project paid for.

This commercial solar incentive enables businesses to efficiently manage their finances by providing them with an easily accessible federal tax break, which can be used to fund the purchase and installation of solar panels.

SRECs can be traded, priced, and sold on a commodity market and are stored in customer accounts through SREC tracking systems.

SRECs bring renewable energy generation into economic viability by creating value from energy production that is not delivered via the traditional power grid network.

Is your business a small business, agricultural producers, and/or non-profit organization?

Then the REAP grant is an excellent incentive to take advantage of. who install commercial solar systems.

Depreciation is common tax write off, but the bonus offered to businesses switching to solar can drastically reduce your upfront costs and accelerate your time to ROI.

State Solar Incentives

Many states also have their own programs, which can provide even more generous rebates and tax breaks. When you combine both federal and state incentives, you have the potential to offset the entire cost of your solar installation. As a result, it's definitely worth looking into both sets of incentives before making a final decision.