Maximize Savings with Commercial Solar Incentives and Tax Benefits
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Federal Solar Tax Incentives for Businesses
Businesses can take advantage of significant solar tax benefits, including:
30% Federal Investment Tax Credit (ITC):
An additional 10% is available for qualified businesses, making solar investments even more affordable.
Bonus Depreciation for Solar Projects:
Claim up to 60% bonus depreciation in 2024.
This benefit will decrease by 20% annually until it phases out in 2027.
Leverage these incentives to lower upfront costs and maximize the ROI of your commercial solar energy system.