With the 2020 tax deadline now extended to July 15 due to COVID-19,  home and business owners have some extra time to sort through their financial documents so they can take advantage of any tax breaks they may be eligible for. Did you know that there’s a federal tax incentive for going solar? Those who…

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Why Some Governments Offer Rebates and Incentives for Home Solar A quick search for “are there tax incentives for solar panels?” yields tons of results. You’ll see a lot about the various federal and state rebates for going solar. But you might be skeptical. It sounds like a great thing to cash in on the…

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Funding commercial solar projects: How to get that photovoltaic new car smell Not so long ago your choice for financing a new solar energy system was simple—come up with the money to pay for it. Today, the solar industry is more financially sophisticated, offering a number of different ways to make this renewable energy resource…

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Beat the Tax Day Blues by Getting Some Green It’s tax season! If you’re considering a home solar system, it’s important to know the financial benefits of the federal investment tax credit because it’s going to be reduced after this year. To celebrate the final year of the 30 percent federal tax credit on solar purchases,…

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  How Public Financing Options Work Public entities are able to take advantage of numerous solar financing options not available to corporate entities, including special incentives, tax-exempt leases, and exclusive government subsidizes bonds. Done correctly, modest funding combined with low-interest debt is sufficient to finance public solar projects. Benefits Of Solar Leases Access to a…

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  How PPAs Work A Power Purchase Agreement (PPA) is a financing arrangement that allows businesses or government agencies to purchase solar electricity with no upfront capital cost. To achieve this, a “host” organization provides unused rooftop, land, or parking lot space as a location for a solar installation. A third party PPA provider pays…

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  How Solar Leases Work A commercial solar lease is a financing option that allows businesses to generate solar electricity with little to no upfront capital investment. Like traditional equipment leases, solar leases provide use of the solar equipment itself in exchange for a monthly lease payment. You benefit from the clean electricity generated from…

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  How Cash Purchases Work The simplest path to financing a solar project is to purchase the system directly. You buy and operate the solar installation which allows you to directly benefit from any available federal, state and local solar incentives. If you have available capital and tax appetite to absorb tax credits and accelerated…

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Five-Step Guide to How Solar Panels Are Installed While solar panel installation has become simpler over the years, it’s certainly not a typical DIY process. Even a qualified electrician needs solar installation training on a roof and must become familiar with local permitting and fire code requirements to complete a safe and reliable installation. Step…

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