Incentives & Financing Options in CT
Investing in a solar electric system is a strategic business decision and the return on your investment can be quite significant. There are a number of federal and state programs incentives, rebates, and credits that are available to qualified businesses.
At Sun-Wind Solutions, we’ll make sure that you get all of the relevant information you need to make the best decision for your organization. We’ll show you how to take advantage of the various programs, incentives and financing options to fund your project. It’s even likely that we’ll be able to offer a program that will allow you to be cash-positive immediately. All of the paperwork is handled by us and your system will be completely turn-key.
Commercial Solar Financing Made Simple
How To Evaluate A Commercial Solar Project Proposal
Evaluating an investment product whether it’s solar or any other instrument is based on the same criteria. What is the cost, and, what is the return? We can help you determine what is right for you. Here are some of the basics:
Options for funding the solar energy project
- Cash purchase.
- C-Pace financing
- Power purchase agreement
Savings / R.O.I.
- Savings from the elimination of some or all of your current electricity costs.
- Federal Tax Credit – (B.E.I.T.C.) – Currently 30% of the entire cost of the project.
- Depreciation (MACRS) – 5 Year Property – allowable depreciation basis is calculated on the full cost of the system less ½ of the B.E.I.T.C.
- ZRECs (Zero Emission Renewable Energy Credits) – Create renewable energy, your solar production, use it on-site, and get paid for selling the credits associated with the “environmental attributes” you have created.