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Commercial Solar Incentives

 

Power your building.

Empower your business.

 

ZREC

ZREC, Zero-emission Renewable Energy Credits, can earn business owners income based on the production of their solar systems. These qualified credits are sold back to Eversource, or United Illuminating, under a 15-year contract.

MACRS

To help recoup the cost of commercial solar, each business can depreciate their system over a 5-year period with the Modified Accelerated Cost Recovery System (MACRS). The depreciation schedule follows the 5-year property half-year convention:

Year MACRS
1 20%
2 32%
3 19.20%
4 11.52%
5 11.52%
6 5.76%

 

C-PACE Financing

Connecticut offers C-PACE, Commercial Property Assessed Clean Energy. C-PACE allows building owners to finance qualifying energy efficiency and clean energy improvements by placing a voluntary assessment on their property tax bill.

For those who wish to lease a solar system for their commercial property, the CT Commercial Solar Lease Program allows qualifying applicants to lease or sign a Power Purchase Agreement (PPA) for 20 years. PPAs are for municipals, school districts, and not-for-profit (NFP) customers only. Contact us to learn other program requirements.

 

Want more information?

Call us today at 203.878.9123 to discuss which options are available for your business or schedule a complimentary site evaluation by filling out the form below.

 

 

Schedule a Free Consultation - CT

What you get with a free consultation:

1. A solar professional will contact you to answer any of your questions and create an estimate for solar on your property.

2. You have the option of receiving an online quote from our system designers based on your monthly electricity usage or scheduling a complimentary site assessment to meet with them in-person.

3. We’re experts in sizing systems to fit your building and budget. We will work with you to create the energy system you're looking for.

4. We determine which solar rebates, credits, and incentives you can receive and will calculate a precise return on investment for your system.

5. We provide a wide variety of financing options to help you find a solar loan that suits your needs.

6. We communicate with local jurisdictions, utility companies, and HOAs to ensure that your project will be approved and completed in a timely manner.

7. Lastly, you are in no way obligated to purchase a system from us by submitting this form. Our goal is to inform you about your options with solar and what you can save over the life of a system.

••• Sunlight Solar will never sell your information to a third party. Phone numbers, emails, and addresses are for the sole use of Sunlight Solar employees to contact you and determine if your property is viable for solar installation. •••
  • Please tell us the name of your electricity provider.
  • This helps us determine the system size you will need.
  • This helps us determine the system size you will need.
  • Share additional details about your project.