Get a great return on investment with government incentives and financing options
Get a great return on investment with government incentives and financing options
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, up to $25,000 for improvements and can receive low interest financing as well.
If you let us know where your business is located we can provide proper information for your area.
With inflation rates as high as 79% in the last 25 years, it makes sense to benefit from a long term strategy and investment in solar when solar panel manufacturers offer 25 year warranties and the green savings will only grow your return.
We offer a free consultation to discuss a green energy strategy for you.
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