Solar Energy Benefits Go Green, Save Green
What Are the Benefits of Solar Energy?
We’re glad you asked! There are many exciting benefits of green energy technologies. Here are just a few.
Increased energy security.
Boost energy independence and stability.
Safeguard against energy price fluctuations.
Protection against demand charges and “time of use” rates.
Cost savings on electricity bills over the long term.
Potential financial incentives, such as tax credits and rebates.
Positive environmental impact by reducing greenhouse gas emissions.
Learn more about how you can cut utility costs, obtain energy security, and reduce your carbon footprint with these amazing green energy technologies.
Financial Incentives
MACRS DEPRECIATION OF PV SYSTEMS
The Modified Accelerated Cost Recovery System (MACRS) is the United States’ tax depreciation system. This tax deduction allows for businesses that install Green Energy Systems to shorten the amount of time it takes to pay off their system’s equipment. Most businesses can use this tax deduction for a five-year period.
In addition, the federal government offers a bonus depreciation system that allows for faster depreciation and encourages Green Energy Systems PV investment.
LEARN MORE about the MACRS and the bonus MACRS.
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