Solar PV for Businesses and Homes

Solar Panel on the Roof of a Home
Solar Parking

Investment In Solar - Why Now

        • Investment Tax Credit is phasing out
              • 26% for systems installed in 2020
              • 22% for systems installed in 2021
              • 10% for 2022 (Commercial), zero for residential
        • Economic sense – dollar spent has more value than later
        • Escalation of utility rates – 5% every year
        • Excess electric energy sent to grid is accounted as credit in the bill and applied back in winter months
        • Electric vehicles can be charge using solar
        • Tax credit is eligible for battery energy storage when installed with solar
        • In addition, businesses can recover the investment through depreciation