REC Solar builds turnkey utility solar power plants.
Incentives & Rebates
With combined state and federal incentives, Oregon home owners and business can purchase a solar electric system at less than half of the actual cost. PGE and Pacific Power residential customers can also take advantage of the Energy Trust’s cash rebate, while a separate offer from these utilities pays you a significant monthly premium for the solar power generation. Find out more about your state incentives and rebates by contacting us.
With today’s federal tax incentives, there’s no better time than now to go solar. The federal Investment Tax Credit (ITC) reduces the cost of your system by 30%. New legislation provides added tax advantages to those who go solar in 2011.
For businesses, the new law (the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act), enacted on December 17, 2010, reauthorized an existing law (the Section 1603 Treasury Grant Program) until December 31, 2011. This program allows you to receive the ITC as a cash grant (in lieu of a tax credit) within 60 days of placing your solar system in service.
The new law also contains an extension of current “bonus depreciation allowances” for businesses and a new provision allowing 100% of the investment to be listed as a capital expense in 2011. Our finance team will be happy to provide additional details regarding these limited-time opportunities, and help you develop a solar energy solution which provides maximum financial advantage. Moreover, when you purchase a system with REC Solar, we’ll make sure you have the necessary information and documentation to claim all applicable tax benefits.
We Know the Ins & Outs
REC Solar will guide you through the process of saving up to 50% of the initial system cost through California and Federal incentives and rebates. Whether you pay cash or finance your system, REC Solar handles the paperwork. Our dedicated team of financial and rebate experts stay on top of the changing rules and regulations for you, making sure you get the most of your solar electric investment.
Get an Estimate in Minutes
Our free, five-minute online custom Solar Savings Estimator is the first step toward seeing the impact rebates will make on your solar electric system.
Contact us to learn more about how REC Solar can help you immediately save up to 50% of your solar electric system’s cost.