Pricing Example – A 10 kW PV System
With the LPEA Renewable Energy Credit Program, a 30% federal tax credit, and 50% bonus depreciation for 2015, now is an excellent time to add solar as a business investment!
Example: a 10 kW watt commercial system
$35,000 Cost of system before rebates
-$10,500 30% Federal tax credit
– $9,116 Total System MACRS Depreciation over 5 years, assuming a 25% tax bracket.
$15,384 Net System Cost (a 56% savings)