Photovoltaic systems or Solar Electric

Besides the benefits of reducing electrical consumption and being an environmentally responsible “green” company, current IRS tax — law in addition to state incentives — make PV a particularly shrewd business decision. With a 30% tax credit (no limit) and a five year accelerated depreciation schedule, your CPA certainly has something to work with. The benefits don’t stop there. Having a commercial grade PV system hedges future electric rate hikes and you may also sell your green power “bragging rights” to generate cash income through "Green Tag" or Renewable Energy Credit (REC) sales.