Sun Collectors contractors offer accessible and affordable solutions, making them one of the top companies for agricultural solar in Fulton County IL. Schedule a free consultation with your trusted local solar panel company by calling 309-316-3540.
We specialize in solar for farms like yours and residential and commercial properties, too. In fact, our company has installed more than 1,800 systems, helping our customers save more than $110 million on energy bills. Plus, we make converting from electric to solar panels more accessible with great financing. We offer $0 money down financing when you install a new system. If you act fast, you can deduct 30% of the cost of your system on your incomes taxes with the federal Investment Tax Credit (ITC). Typically, our customers experience a 20% savings on energy costs by getting off the grid with renewable energy.
Contact us now to receive a free quote or schedule a consultation to discuss going solar. Our conversation will not cost anything, but it could save you big on the cost of energy.
When it comes to going solar, many agribusiness owners question if they can afford agricultural solar in Fulton County IL. Let Sun Collectors help you get more information to inform your decision. Did you know you can offset costs with available programs and the federal investment tax credit (ITC)? Along with the ITC, you can recover investment costs with accelerated depreciation (MACRS) and USDA Rural Energy for America Program (REAP) grants. Please continue further to discover more about how MACRS and REAP can make agricultural solar affordable.
This tax incentive lets farms like yours use tax deductions to recover the cost of investments into assets. For instance, you could use MACRS to help convert to agricultural solar in Woodford County IL. Under the provisions of MACRS, you can deduct 85 percent of the value of qualified solar equipment in a five-year period. To find out more about this program, you can follow the link to this article from the Solar Energy Industries Association. However, make sure to discuss this with your accountant to determine how to best apply the tax benefits of going solar.
This program offers financial assistance via USDA loans and grants to help recover costs of going solar. REAP provides competitive grant funding and guaranteed loan financing to agricultural producers and rural small businesses for renewable energy systems or energy efficiency improvements. Agribusiness owners with at least 50 percent of gross income coming from on-site agricultural operations can apply for competitive grant funding and guaranteed loan financing through REAP. Competitive grants are available for up to 50 percent of total eligible project costs. Loan guarantees are available for up to 75 percent of total eligible project costs. Combined grant funding and loan guarantees are available for up to 75 percent of total eligible project costs. Sun Collectors can answer your questions about REAP. So, contact us if you would like to discuss agricultural solar in Fulton County IL.
Sun Collectors can help you find ways to recover your investment into agricultural solar in Fulton County IL. Thus, give us a call at 309-316-3540 or contact us online to discuss going solar today. After all, our conversation costs nothing and you are not obligated to purchase anything. So, let us educate you about how renewable energy can save you 20% or more on utility bills.
