SunFarm Energy’s customized commercial solar power systems allow our clients to enjoy the benefits of solar without any of the hassle. Reduce your energy costs and contribute to a clean energy future with a solar array for your business. We offer a wide array of products for commercial and large-scale projects including ground mounts, carport canopies, and rooftop arrays. Check out some of our commercial project highlights.
Commercial Solar Incentives
Business Investment Tax Credit (ITC)
The federal Business Energy Investment Tax Credit (ITC) allows businesses to receive a 30% Federal Tax Credit for the gross cost of their solar power system. The ITC also applies to battery storage systems.
See the Office of Energy Efficiency & Renewable Energy’s Residential and Commercial ITC Factsheets for more information, or contact a SunFarm Energy Consultant today!
USDA Rural Energy for America Program (REAP)
REAP provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses that invest in renewable energy and/or energy efficiency improvements. Grants for up to 50% of the project costs are available.
REAP eligibility depends on the location of your business. Contact SunFarm Energy for assistance determining if you business is qualified.
Domestic Content Bonus Tax Credit
The domestic content bonus credit was designed to boost American manufacturing by providing a 10% bonus to the ITC when your project meets domestic content requirements. U.S. made solar panels and/or U.S. made steel satisfy the domestic content requirements.
Modified Accelerated Cost-Recovery System (MACRS)
MACRS allows you to recover costs over an accelerated time period of 5 years. You invest in solar and lower your taxes based on the amount you spent on solar over a period of just five years.
With MACRS, you’re reducing the amount you spend on your taxes in a given year.
Dedicated Service Department
At SunFarm Energy we maintain a dedicated service department to assist with all your solar needs. Whether you’re having issues with system reporting, need uninstall/reinstall services, or just have questions about your system, we’re here to help.
Our Solar Service Specialists are standing by to assist with troubleshooting and dispatching service crews if needed. Plus, we keep an eye on your system monitoring to make sure everything is running smoothly. We even assist customers who installed solar with a different company and we’ve completed hundreds of uninstall/reinstall jobs on homes across the Florida Panhandle.
All SunFarm Energy installations are backed by a 30-year comprehensive, third-party, industry-leading warranty. Find peace of mind knowing your system is protected for generations and backed by an A-rated insurance company with specific experience in the solar industry.
30-Year Coverage Includes:
- Complete System Protection: Coverage on system components including panels, inverters, optimizers, and racking.
- Parts & Labor: No hidden fees or surprise labor expenses.
- Transferable Ownership: Easily transfer from homeowner to homeowner with no fee.
- Roof Penetrations: With an included workmanship warranty, you’re protected from any costly penetrations from the environment.
Financing for Commercial Solar Projects
Property Assessed Clean Energy (PACE) financing is funding available to qualified property owners to make energy efficiency, renewable generation, and wind mitigation improvements and repairs. The funding is repaid through an assessment included on the annual property tax bill.
Businesses often face capital budgets constraints that force owners to choose between capital improvements. Using PACE financing enables business to take advantage of fixed rates and longer terms that allow capital costs to be annually and significantly reduced by savings associated with energy efficiency, renewables and wind resistance improvements.
In addition, PACE financing is an off-balance sheet transaction that maintains your company’s cash position while allowing capital projects to be advanced immediately.
Commercial Case Studies
Get a better understanding of how Solar Energy can benefit your business. Check out some case studies from SunFarm Energy for commercial projects.
There are plenty of incentives to help you make the switch to solar power, but the federal solar investment tax credit is perhaps the most important of them all. This program has been helping folks make the switch to solar for over 15 years and it’s a great way to jump-start your solar power project….