Commercial Solar Energy Systems
Businesses in Puerto Rico can benefit significantly from installing a new solar energy system on their commercial property. The advantages of commercial solar panel installation Puerto Rico for your business are: Tax credits Increases your ROI Provides stable power Improves the environment Increases the property value Enhances business reputation Tax deductions for the installation of solar energy You can deduct up to 26 percent of the cost of installing a solar energy system from your federal taxes using the investment tax credit (ITC), often known as the federal solar tax credit. You will be qualified for the 26% tax credit if you begin a new installation on your commercial property before December 31, 2022, according to the Database of State Incentives for Renewables and Efficiency (DSIRE). The credit will thereafter be lowered to 22 percent until 12/31/2024, at which point it will only be reduced to 10 percent. There has never been a better opportunity for your company...