Is your business considering making the switch to solar energy? A solar installation from Fresh Coast Solar can greatly reduce your operating costs. There are great opportunities to benefit from clean, affordable solar energy in Illinois. Here are some things you should know:
Illinois Shines Program (SREC’s)
The Illinois Shines Program lays out a framework for incentivizing the installation of clean energy sources across the state. As the legislation currently stands these incentives are highly favorable and may cover over 35% of your system costs.
Federal Tax Credit
Under the Business Energy Investment Tax Credit, 30% of the installed cost of a solar installation for your business can be accounted for as a tax write-off. Unlike tax deductions, this tax credit can be used to directly offset your tax liability dollar for dollar.
Continued Electrical Savings
Depending on site conditions, a solar installation from Fresh Coast Solar can cover 100% of your annual electricity usage. Most major system components are warrantied for 25 years. Our average customer sees tens of thousands of dollars in electricity costs over the life of their installation.