Sample Pricing of Commercial PV Solar Energy System
Please feel free to contact us for assistance with any of the following information regarding solar energy incentives and rebates. We are glad to help you maximize and claim the benefits you are entitled to.
Sample Calculations
The following are the estimated costs of a turnkey solar energy system installation which includes equipment and labor.
A NuWatt Energy professional will gladly address your needs and discuss all options available so you would make the right decision based on your energy consumption targets and economic factors.
Estimating costs 25 kW:
Total out of pocket cost: $49,125
Increase in Property Value: $111,000
MACRS (depreciation of asset): $83,938
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Break down of pricing:
25 kW system installed cost: $98,750
Federal Tax Credit (Grant): -$29,625
State Incentive Rebate (under consideration): -$20,000
Tax credits are available at 30% of the cost of the solar energy system, with no upper limit through 2016 for commercial and industrial. These Tax Credits are given back as Grants to businesses.
State Rebates
Commercial and Industrial New Hampshire Solar Rebate
The New Hampshire state solar rebate for businesses is set to go in effect soon. The rebate is per DC kW and will begin at $1.00 per Watt for any size PV system up to $50,000.
In addition, the C&I rebate for a PV system would be capped at 25% of the cost of the facility, or $50,000, whichever is less at $1.25 per Watt up to $4,500 or 50% of the total project cost (whichever is less).
Unlike residential systems, applying for C&I rebates has some pre-requisites. NuWatt Energy professionals will be more than happy to answer any questions about this rebate. Please contact (781) 995-2331 or contact us via the formhere to schedule your free solar consultation for your business.
Utility Incentives
New Hampshire Electric Co-op Incentives
• Grid-connected photovoltaic systems: This rebate fund has been exhausted for 2010.
Other Funding Possibilities
Clean Energy Assessment Districts (CEAD)
Check with your local municipality to determine if this incentive is available in your area. This incentive allows property owners to pay for a renewable energy system over a period of up to 20 years through a special assessment charged as a new line item on their property tax bills and paid to the municipality.
USDA Grants and Loans
All agricultural producers, including farmers and ranchers, who gain 50% or more of their gross income from the agricultural operations are eligible for these grants and loans.
REAP Grants
These grants for renewable energy systems range from $2,500 up to $500,000 or 25% of the total project cost.
REAP Feasibility Grants
These grants cover energy audits and feasibility studies for renewable energy systems and can be as much as $50,000 or 25% of the total cost.
REAP Loans
Loans range from $5,000 up to $25 million or 75% of the total project cost.
, or disconnect, switch is a manual switch that can be used to disconnect a building's electrical system from the solar electricity system.
NuWatt Solar Energy offers its New Hampshire business customers customized turnkey solutions. New NH solar rebate for business is now active. Learn about the different tax incentives and New Hampshire State rebates on your business solar energy installations. Our systems are eligible for NH Property Assessed Clean Energy (PACE) municipality funding programs.
Sample Pricing of Commercial PV Solar Energy System
Please feel free to contact us for assistance with any of the following information regarding solar energy incentives and rebates. We are glad to help you maximize and claim the benefits you are entitled to.
Sample Calculations
The following are the estimated costs of a turnkey solar energy system installation which includes equipment and labor.
A NuWatt Energy professional will gladly address your needs and discuss all options available so you would make the right decision based on your energy consumption targets and economic factors.
Estimating costs 25 kW:
Request your FREE CONSULTATION now!
Direct Incentives
Federal Investment Tax Credit (ITC)
Tax credits are available at 30% of the cost of the solar energy system, with no upper limit through 2016 for commercial and industrial. These Tax Credits are given back as Grants to businesses.
State Rebates
Commercial and Industrial New Hampshire Solar Rebate
The New Hampshire state solar rebate for businesses is set to go in effect soon. The rebate is per DC kW and will begin at $1.00 per Watt for any size PV system up to $50,000.
In addition, the C&I rebate for a PV system would be capped at 25% of the cost of the facility, or $50,000, whichever is less at $1.25 per Watt up to $4,500 or 50% of the total project cost (whichever is less).
Unlike residential systems, applying for C&I rebates has some pre-requisites. NuWatt Energy professionals will be more than happy to answer any questions about this rebate. Please contact (781) 995-2331 or contact us via the form here to schedule your free solar consultation for your business.
Utility Incentives
New Hampshire Electric Co-op Incentives
• Grid-connected photovoltaic systems: This rebate fund has been exhausted for 2010.
Other Funding Possibilities
Clean Energy Assessment Districts (CEAD)
Check with your local municipality to determine if this incentive is available in your area. This incentive allows property owners to pay for a renewable energy system over a period of up to 20 years through a special assessment charged as a new line item on their property tax bills and paid to the municipality.
USDA Grants and Loans
All agricultural producers, including farmers and ranchers, who gain 50% or more of their gross income from the agricultural operations are eligible for these grants and loans.
REAP Grants
These grants for renewable energy systems range from $2,500 up to $500,000 or 25% of the total project cost.
REAP Feasibility Grants
These grants cover energy audits and feasibility studies for renewable energy systems and can be as much as $50,000 or 25% of the total cost.
REAP Loans
Loans range from $5,000 up to $25 million or 75% of the total project cost. , or disconnect, switch is a manual switch that can be used to disconnect a building's electrical system from the solar electricity system.
Savings and Environmental Benefits
A NuWatt Energy professional can discuss all options that can help you make an educated decission as to what system size with an optimized return on your investment. Please click here for your free consultation and estimate.
Below is an example of savings and benefits of a 25 kW system.
Environmental Impact
The 25 kW system will -over the course of 25 years- eliminate 726,314 lbs. of CO2, an equivalent to:
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