The time for commercial solar power is now. Tax credits, commercial solar incentives, and rebates exist at the federal, state, and local level – break even in as little as two to four years.
Maryland business owners who install a solar panel system on their property before 2016 are automatically eligible for a federal tax credit equivalent to 30% of the total cost of the system installed.
This credit through the American Recovery and Reinvestment Act of 2009 is in addition to the State of Maryland Clean Energy Grant Program, which provides solar owners with a $0.50/watt (up to $50,000) grant to further reduce the up-front cost of the system. Right now, businesses based in Baltimore and Harford counties are also eligible for additional property tax credits. With these combined incentives at an all-time high, the gross system cost and payback period of the solar power system is drastically reduced.
Reduce your operating costs and lower your energy consumption with solar power for your business. Contact us today with the form on the right!
Solar better investment than stocks, study finds
A typical solar PV system represents a better investment than the stock market in 46 of America’s largest 50 cities, according to a report from NC Clean Energy Technology Center. By, Ian Clover, PV Magazine For most Americans living inRead More >
“I wanted a safe and dynamic investment vehicle and am very conscious of doing my part to reduce greenhouse emissions. Solar was a logical way to be green while also seeing a return on investment”