The 26% Income Tax Credit (ITC), coupled with the Modified Accelerated Cost Recovery System (MACRS), which is an accelerated depreciation write-off, make the financial picture of solar for a commercial facility almost too good to be true. Between these two tax benefits, it is standard to see an ROI of 50% or more in the first year after installing a commercial PV system. Additionally, many utility companies offer rebates and incentives which can further and substantially bolster the overall financial return of a commercial PV system.
Man, it sure does feel good to do the right thing!
Want to learn more? Visit www.altewindandsolar.com or give us a call at 970-482-SOLAR(7652).