Commercial Rebates & Incentives For Solar Power
30% Federal Investment Tax Credit/Grant: For systems installed between January 1, 2009 and December 31, 2016, business owners will receive a solar tax credit equal to 30% of the net system cost after rebates. Or, for systems placed in service by December 31, 2011, corporate tax filers can take a 30% upfront cash grant not subject to federal tax in lieu of the tax credit.
California Solar Power Rebates and Incentives: The state of California allocates solar rebates on a sliding scale pegged to the total number of systems installed statewide. As the number grows, the rebate declines. If you are considering investing in a commercial solar system, now is the time. The actual rebate you receive is determined by a variety of individual factors including system wattage and actual electrical output.
5-Year Accelerated Capital Depreciation: Businesses can recover a substantial portion of their investments in solar power systems through MACRS and applicable state depreciation deductions.
City specific programs:
- Glendale, California: Glendale Water & Power Solar Solutions Program
- Don’t see your city here? Contact us for more information.
