Energy Efficient Construction
Environmental Design Consulting
Green Building and Development Techniques
Energy Efficient Construction
Environmental Design Consulting
Green Building and Development Techniques
Renewable Energies
Primary renewable energies come in the forms of solar to produce electricity and hot water as well as electric wind power generation. These renewable energies can provide all the power needs on smaller commercial developments or supplement energy requirements on larger buildings.
Installation of renewable energies in commercial applications comes with an upfront 30% tax credit on the installed cost of the system and the remaining cost can then be depreciated out on a 5-year accelerated schedule, or on a regular depreciation schedule. The depreciable basis is calculated as the system cost minus one-half of the federal tax credit, or 85% of the system cost. The tax credits and accelerated depreciation schedule as well as any cash rebates and possible state incentives can provide your company with an immediate return on investment. The Business Solar Investment Tax Credit (IR Code §48) extended the 30% initial tax credit for renewable energies for eight years through December 31, 2016.
Adding renewable energies to your business or development also gives it a “green” image in which over 80% of consumers are now drawn to. Commercial grade renewable energies have also now achieved true state of the art performance and reliability with systems lasting 20 plus years with minimal maintenance. Thus investment in renewable energies is a smart way to help the environment, promote a better company image, increase the resale value of the property and even put cash back in your pocket.
Let us put our experience to work for you to create the ultimate living environment.