ALT-e Solar Savings
The 30% Income Tax Credit (ITC), coupled with the Modified Accelerated Cost Recovery System (MACRS), 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 substantially bolster the overall financial return of a commercial PV system.
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