Responsive image

Commercial Solar

Location, Location, Location is now Tax Credits, Depreciation and Huge Savings.

Now that you have the Location, Adding a solar installation will increase your bottom line for decades.

Here's how:

Tax Credits

Businesses that install solar photovoltaic (PV) systems are eligible to receive a tax credit in the amount of 30% of the total PV system cost. Unlike tax deductions, this tax credit can be used to directly offset your tax liability dollar for dollar. If your tax credit exceeds your tax liability you can roll the credit into future tax periods for 20 years. This Credit is being lowered, act now.

100% First year Depreciation

The Tax Reform Bill modifies bonus depreciation under Code Section 168(k) to allow 100% expensing for property placed in service after September 27, 2017 and before January 1, 2023. By increasing bonus depreciation to 100 percent, the new tax bill essentially allows eligible entities to deduct the entire allowable tax basis of the system in the first year of operation. Under the federal Modified Cost Recovery System (MACRS), businesses may recover investments in certain property through depreciation deductions. MACRS establishes a lifespan for various types of property over which the property may be depreciated. For PV systems, the taxable basis of the equipment must be reduced by 50% of any federal tax credits associated with the system.

State Depreciation

State (CA) 10-year straight line Depreciation or MACRS (Corps)

The straight line method divides the cost or tax basis, into equal amounts over the estimated useful life of the property. Per California Franchise Tax Board, Form 3885, state MACRS depreciation is not allowable for Corporations, except to the extent such depreciation is passed through from a partnership or LLC classified as a partnership.

All of these incentives are on top of the monthly savings of having your own power plant, without the Utility company raising rates all the time.

What do the savings look like?

Is that a real Chart?

A: Yes, This company will SAVE over $30K per year they used to pay PG&E.

How we get there?

Step 1: Data

We need to get Interval data to measure the precise time and volume of electricity you buy from PG&E. We use a approved secure website (UtilityAPI LINK) to download the detailed usage. This is where the customer gets the benefits of the SmartMeters that have been installed. (One week shown below)

Step 2: Site Audit and Consultation

A visual inspection of the facility is required. Some of the items we will look at include the following:
  • Main Power Meter and Service Panel.
  • Additional Service panels.
  • Roof Structure and pitch of roof.
  • Objects that may shade solar array.
  • Internet access for monitoring equipment.
  • Existing well locations and septic fields
  • Possible areas for trenching.

Step 3: Design

We design a system that will offset your energy use in the most efficient configuration. Details include:
  • Tilt and Azimuth.
  • Obstructions that might shade the Array
  • Price considerations for type of racking
  • State of Existing Electrical Service

Step 4: Proposal

We will meet and discuss the proposal. Topics will include:
  • Scope review and confirmation.
  • Pricing and Materials.
  • Savings per Meter
  • PG&E Charges that can't be offset.
  • Location of Array(s).
  • PG&E Considerations.
  • Electrical Service.
  • ROI

Step 5: Financing options

Typical Options available:

  • Cash Purchase.
  • Solar Loan.
  • Solar Lease.
  • PACE Loan.

I would like to get more information

CA LIC#857563