GOING GREEN WITH SOLAR ENERGY

The United States government offers solar incentives to businesses as a tax credit, the solar investment tax credit (ITC) is a tax credit that can be claimed on federal corporate income taxes for 30% of the cost of a solar photovoltaic (PV) system that is placed in service during the tax year.

For Rural American businesses, the federal government offers it's R.E.A.P program, up to 25% of brand-new solar installation projects, REAP offers grant financing for solar panel systems. Loans: This program also offers guarantees on loans that cover the rest. Many local states offer other incentives as well.

In Canada, businesses can also take advantage of the Canadian Renewable Conservation Expense (CRCE), which enables startup expenditures to be deducted in full for the year incurred if related to energy conservation or clean energy generation.

In Toronto the High-Rise Retrofit Improvement Support Program (Hi-RIS) is geared towards helping apartment building owners (3 stories or more) reduce emissions by upgrading to quality, sustainable infrastructure.

Other commercial opportunities include business owners can receive up to $12,500 as a grant and up to $25,000 for improvements and building owners can receive low interest financing.

If you let us know where your business is located we can provide proper information for your area.