Solar power is one of the fastest-growing energy sources in the world. And there’s good reason for that – it’s cost-effective, environmentally friendly, and reliable. If you’re thinking about making the switch to solar, EPC Solar can help. We offer those seeking to go solar all the information they need to make a sound decision that best suits the goals of their business or their family as we present both residential and commercial options in the solar industry. Our experienced team will work with you to find the best solution for your needs. We believe that solar should be accessible to everyone, and we’ll do everything we can to make sure you get the most out of the experience of going solar. Contact us today to learn more about what we can do for you.
A commercial solar installation from our team here at Direct Solar Point can turn your property into an asset. Not only will it reduce your overhead costs, but it will also lower your monthly electricity bills. With the money you save, you can reinvest in your business or use it to cover other expenses. And, because solar energy is renewable and environmentally friendly, you can feel good about making the switch.
The federal government provides several incentives for businesses to invest in solar power, including the Modified Accelerated Cost Recovery System (MACRS) and the Tax Cuts and Jobs Act of 2017 (TCJA). MACRS provides for accelerated depreciation of solar PV systems, while the TCJA provides a 100% depreciation bonus for systems placed in service before 2023. As a result, businesses that install solar power systems can significantly reduce their tax liability. In addition, many states offer their own incentives for solar installations, such as tax credits and rebates. As a result of these policies, investing in solar power can be an attractive option for businesses looking to reduce their energy costs.
The federal government currently offers a 30% to 60% tax credit thru the Inflation Reduction Act (IRA) for solar energy property, which can be claimed by both residential and commercial investors. The credit can be applied against the tax liability of the investor, and is based on the amount of investment in solar property.
As more and more businesses look for ways to go green, commercial solar systems are becoming increasingly popular. Not only do they provide an environmentally friendly way to power a business, but they can also add value to the property. Many potential customers and clients view businesses that are powered by solar as being more environmentally responsible. This can lead to increased foot traffic and resulting sales. In addition, commercial solar systems can help to lower energy costs, providing a tangible financial benefit to the business owner. Finally, the physical appearance of a commercial solar system can give a property a modern, updated look that can attract buyers and renters.
