Opportunity Zones + Solar = Double Tax Savings for Your Business

Opportunity Zones + Solar = Double Tax Savings for Your Business

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Opportunity Zones are a little known investment tool that could help your business install renewable solar energy while saving big on taxes and rising energy bills. First, Economic Opportunity Zones aside, the reasons to install solar for your business are plentiful. There are government incentives (26% federal solar investment tax credit, state tax credits, and renewable energy credits). Then there's the immediate energy savings you will realize when you officially stop renting overpriced energy from the utility company. Plus, there's that whole saving the planet part and getting to brag to your customers about how your business is helping to offset millions of pounds of carbon emissions. Just imagine the press release! When you take a hard look at the numbers, installing solar for your business is likely a no-brainer.…
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Does Installing Solar Still Make Sense Right Now?

Does Installing Solar Still Make Sense Right Now?

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If you're one of the millions of Americans currently hunkering down at home, you're probably using more electricity than normal. You might be wondering if installing solar panels is still a smart investment, given all the present uncertainty. Certainly, we know that residential energy rates have steadily risen by 15% over the past 10 years – this is one of the many reasons why going solar is widely considered to be an intelligent financial investment. But what can we expect from the future? How will Covid-19 affect energy costs? Despite the significant increase in binge-watching Netflix shows, the overall demand for energy is actually falling during this novel crisis. Sure, your household is likely consuming more energy than normal, but those massive sports centers, concert venues, and 50-story corporate buildings…
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