Save money on the rising costs of electricity with Sun Collectors, the best company for agricultural solar in Tazewell County IL. Our company specializes in solar for farms. In addition, we also help our customers convert to sustainable energy at residential and commercial locations, too. Unlike some other contractors, Sun Collectors has a proven track record for customer satisfaction. In fact, we have installed more than 1,800 systems, helping clients trim more than $110 million from energy bills.
Furthermore, we make conversions from electric systems to solar panels affordable with flexible financing. For that reason, we provide plans that include $0 money down financing for installation of a new system. Plus, right now you can take advantage of a federal tax incentive that makes getting agricultural solar more accessible. Under the federal Investment Tax Credit, you can claim a 30% tax credit on your income taxes to recoup an investment in solar. Most importantly, you can keep saving money all year long. Most customers report a 20% savings on energy costs with a conversion to solar panels. Contact us for a free estimate today.
Many of our clients start this process by asking if they can afford to install agricultural solar in Tazewell County IL. As a result, we work to inform our clients about all the resources available to them that can make solar conversion more accessible. Clients who act quickly can still write off 30% of their investment with the federal investment tax credit (ITC). Along with the ITC, rural businesses and farms can use accelerated depreciation (MACRS) and USDA Rural Energy for America Program (REAP) grants to offset equipment costs. For more information on these programs, please continue reading how to make going solar more cost-effective.
The MACRS tax incentive program lets rural businesses and farms use tax deductions to write off costs for agricultural solar in Tazewell County IL. In fact, MACRS allows you to deduct 85 percent of the value of new solar panels in a five-year period. To read more about MACRS, you can visit the website for the Solar Energy Industries Association for helpful information. However, you should also consult with your accountant. They can best advise you on how to apply the available tax incentives for the biggest benefit in your case.
Rural companies and farms can also get financial assistance from USDA loans and grants to offset costs of agricultural solar in Tazewell County IL. REAP programs offer competitive grant funding and guaranteed loan financing to rural small businesses and agricultural producers. The program makes fund available for renewable energy systems or energy efficiency improvements.
Agribusiness owners who make 50 percent or more of gross income from on-site agricultural business can apply for grant funding and guaranteed loan financing through REAP. Competitive grants can help customers recover up to 50 percent of total eligible project costs. Also, REAP makes guaranteed loans available for up to 75 percent of costs for installation of new solar systems. Combined grant funding and loan guarantees can cover up to 75 percent of total costs for new solar panel installation.
Sun Collectors’ plans start for as little as $49 per month with no money down. If you are interested in agricultural solar in Tazewell County IL, give us a call at 309-316-0597. You can also use our online contact form to arrange for a free consultation. Our team of solar experts can educate you about all the great benefits you can receive by converting to sustainable energy.
