Federal Bonus & State Depreciation
Monetizing Federal Bonus and State Depreciation for Commercial Solar:
- Federal Bonus is 100% of Cost Basis
- Lowers Net Investment for Solar
- Reduces Payback Periods
Federal Bonus and State Depreciation on commercial solar investments is one of the simplest methods to lower investment costs, increase ROI and shorten payback periods.
There are two ways to take advantage of this, Federal Bonus Depreciation and State Depreciation. This video explainer gives a brief overview of how businesses take advantage of federal bonus and state depreciation for commercial solar solutions.
Federal Bonus Depreciation
After the Tax Cut and Jobs act rewrote how solar technology is depreciated, Federal Bonus Depreciation is 87% of the total or gross cost of the system – the video above lays out an example.
Unlike its Federal counterpart, State Depreciation spreads the cost basis over five years. With many more variables at the State level, the value is also less, but savings over 5 years can quickly add up.
These are real dollars saved and bring your net cost down significantly, increasing ROI and shortening the payback period.
Commercial solar is more affordable than ever – Valuable incentives, cost saving technology and short payback periods are common for most projects. Consulting a commercial solar specialist will uncover several options for going solar. Get the process started today and stop loosing valuable time and money. Contact a Revel Energy developer for a free energy evaluation.
Commercial grade rooftop solar is ideal for: manufacturing, warehousing, logistics, industrial, retail, hospitality buildings and more with over 10,000 sq. ft. rooftops.
Free standing carport solar generates added solar power for properties with limited rooftop space. Added benefits include shading and protection for employees vehicles.
Crucial for reducing peak demand charges. Automated to supply electricity when your panels won’t. Energy storage is ideal for businesses that incur significant peak hour charges
LED LIGHTING RETROFIT
Generating independent solar power is one piece of the puzzle. Energy saving equipment like highly efficient LED Lighting completes the system. Significantly reduce energy usage.
About Revel Energy
Revel is on a mission. Dedicated to renewable energy solutions since 2009, Revel Energy was formed to provide Commercial, Industrial and Agricultural businesses with alternative energy beyond solar. Revel stands out from the competition by paying attention to what makes good business sense to each individual client, implementing a wider range of technologies to free up capital and make businesses sustainable and more profitable.
Client Testimonial: Kelemen Company
Corporate Business Park in Irvine, CA has created significant electricity cost savings through commercial solar installed across the 5-building business park.
Client Testimonial: Tice Gardner & Fujimoto LLP
See how this CPA firm saved on electricity and gained valuable tax credits through commercial solar that they used to keep cash in the businesses.