These incentives are very attractive due to the MACRS accelerated depreciation schedule, which is available only to solar purchases made through a business.
The REAP Grant is also available for qualified agricultural properties. Although not guaranteed, the REAP Grant can return 20% of a solar project’s cost back to the owner. A breakdown of our commercial programs are featured under the commercial section of our website and can be quickly accessed here.
Farms that have their primary residence on the property can have incredible opportunities by enjoying the same programs available to all NJ, PA, CT, RI, and MA residents, but at premium rates.
For example, the average sized home in NJ, PA, CT, RI or MA may be able to knock off 30% of their bill through a $0 down lease, but when a large horse farm enters the same program the savings have the potential to be significantly higher. Sometimes more than half of the electric expenses on the property can be eliminated through a $0 down solar lease. A breakdown of our residential programs is featured under the residential section of our website and can be quickly accessed here.
