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Incentives

Get the Most Out Of Your Solar Investment

Business owners can benefit from a number of programs aimed at making solar energy more affordable to install, including state and federal tax credits. Below is a quick breakdown of incentives currently available for installing commercial solar energy systems.

Federal Solar Tax Credit (ITC)

The Federal Solar Tax Credit, also known as the investment tax credit (ITC), allows you to deduct 26 percent of the cost of your solar energy system from your federal taxes.

USDA Rural Energy for America Program

USDA’s Rural Energy for America Program (REAP) provides guaranteed loan financing and grant funding (up to 25% of total project cost) to agricultural producers and rural small businesses for solar energy systems.

Bonus Depreciation

Under the Modified Accelerated Cost-Recovery System (MACRS), businesses can recover investments in certain properties through depreciation deductions. A number of solar energy technologies are classified as five-year property.

Solar Renewable Energy Certificates

Solar Renewable Energy Certificates (SRECs) are solar incentives that allow system owners to sell energy certificates to their utility company. Owners earn one SREC for every 1,000 kilowatt hours (kWh) produced by their solar panel system.

State Solar Incentives

Maryland, Virginia, and Washington D.C. all offer grants and incentives to help you get the most out of your solar investment. 

Net Metering

Net metering allows owners of solar energy systems to receive full retail credit for any excess electricity their renewable energy systems generate.

Contact

Get In Touch

Get in touch with an expert at Capital Solar Group and get your project started today!

Capital Solar Group, LLC

Capital Solar Group utilizes an EPC (Engineering, Procurement and Construction) approach that provides adaptable, customized solar photovoltaic (PV) solutions for each and every project. No matter the application or industry, we’ll help you get the most out of your solar investment.

Get In Touch

(240) 229-6809
contact@capitalsolargroup.com
M-F: 7am-7pm