Maximum Dollar Incentive for Federal Credit for Solar:

Large investments or small investments by businesses are being welcomed for many years to come, especially when they are concerning solar energy projects in the United States.  The US government has put no limit on the amount of solar power incentives that businesses can receive on their solar panel projects.  This is very good news for many different reasons.  Most importantly, for individuals or groups who are thinking longterm, this will help keep our planet earth in better shape for future generations.

Large Scale Solar Projects Cost Less without Federal Credit Limits:

The simple truth of solar energy is that smaller scale projects cost more on a cost/watt installed basis.  When you have a much larger project, it will almost always cost much less per watt of solar power created.  When there were limits on the amount of federal tax or other credits a business could receive on a solar project, it made the financial equation very hard to swallow, and for that reason, many projects never even started in the first place.  With these new changes to the solar laws, it is for sure going to kick start many renewable energy programs that were put on hold for the past few years.

Examples of Cost Savings with Unlimited Federal Credits:

Example with a $50,000 credit limit:

100 kW Solar System for Company A:

Cost per watt prior to any incentives/rebates/tax credits = $6.50/watt

Total Cost For System before incentives: $650,000

With $50,000 federal credit

Final System Investment with Credits:  $600,000

Example with Unlimited 30% Federal Credit:

100 kW Solar System for Company B:

Cost per watt prior to any incentives/rebates/tax credits = $6.50/watt

Total Cost For System before incentives: $650,000

With $50,000 federal credit

Final System Investment with Credits:  $600,000

Summary of the Business Federal Credit For Solar Energy:

Their are absolutely no negative aspects of the government’s current solar program and how it affects small, medium, and large businesses in the United States.  Due to the unlimited credit amount that everyone is eligible for, the time is ripe to start investigating a solar energy project to start producing your own electricity for the future.