3 GREAT INCENTIVES CLOWER THE BARRIER TO ENTRY FOR COMMERCIAL SOLAR SYSTEMS:
30% Federal Tax Credit
5-Year MACRS Depreciation
NYSERDA incentive in New York State.
(In New Jersey and Connecticut, you get SRECs or ZRECs.)
PLANNING & BUYING RESOURCES
Incentives and Tax Credits
A solar PV system is great way to lower your operating costs while contributing to a better environment. In the northeast we pay some of the highest rates in the country for energy. Installing a solar system gives you low, predictable energy for decades to come.
Large corporations, small churches, camps, co-ops, country clubs and medical offices have all benefitted from installing solar.
You can as well. Whether it’s on your roof, in a field, or over your parking lot — we have a solution that works for you.
Systems are typically cash positive in four to six years if purchased outright; or, if financed they are often cash positive from Day One! Savings can often exceed 75% over the life of the system.
Lease, Loan, Cash purchase or PPA; these are some of the great options available to finance your commercial solar system. Let our finance experts walk you through the many options and help you decide what might be right for you. We have a wealth of experience dealing with banks, state subsidized loan programs, and finance companies. Whether you are a corporation, a not-for-profit, a condo or co-op, or a house of worship, whether you are large or small, we have financing solutions available.
Some of the structures we have worked with include:
Power Purchase Agreements – PPAs [remove apostrophe]
Prepaid PPAs,[remove comma]
PACE financing (Property Assessed Clean Energy)
PACE with Qualified Energy Conservations Bond subsidies
On-Bill Recovery Loans
Green Jobs/Green New York Loans
Amortizing or balloon loans
We are a qualified finance partner with the Energy Improvement Corporation, and the Green Jobs/Green New York programs, so we can advise you on all the options available through New York State.
Remote Net Metering
Remote net metering (RNM) statutes in the New York public service regulations, allow us to build a solar system for you and connect it at one location while providing energy to you at another location or account. Talk to one of our business development experts about this exciting approach.