Solar is good business, it provides additional revenue streams, increases your property value and is an important way to help protect the environment. Investing in solar is a hedge against rising electricity costs and a huge step toward energy independence and installing solar will strengthen your company's brand.
Forteva Solar provides custom solar energy solutions for retail, commercial and industrial projects; as well as for churches, municipalities and apartment building owners to reduce energy costs, increase profitability and help you operate a more efficient business by switching to sustainable, clean solar energy.
Federal and state governments offer amazing tax credits, incentives dramatically lower the cost of solar encourage the switch to solar energy to lower energy usage and the impact on the environment, here is an overview of what's available.
30% Federal Tax Credit
The IRS allows you to deduct 30% of your solar power system costs from your federal taxes through an investment tax credit (ITC).
Businesses can depreciate qualifying solar energy equipment on an accelerated schedule over 5 years.
Incentives - Xcel Energy Solar*Rewards
In 2013, the MN legislature passed the MN Solar Jobs Act requiring all investor-owned utilities to use solar power for 1.5% of their electricity needs by 2020. The Solar*Rewards program offers an incentive based on the production of the customers' solar system. The incentive is paid annually per kWh produced over 10 years.
Forteva Solar will identify all the qualifying tax credit and rebate programs for your system and filing the required paperwork on your behalf.
Solar is not just about saving money, it's the right choice for our planet and for future generations, it's socially responsible, an important way to help protect the environment and strengthen your brand.
People love solar! They appreciate when you make a difference by generating solar energy for your business. Let them be a part of the movement by educating them on the benefits of solar, at the same time draw more attention to your sustainability efforts by leveraging the social benefit of choosing solar.
Each customized solar solution is configured to optimize the use of your space giving you a system that is right for the needs of your business.
Forteva Solar will help your business get the maximum benefit from solar energy, we offer financing solutions, and help you understand the tax benefits and payback/ROI of choosing solar.
The true cost of solar is a fraction of the installation cost because of the tax benefits and incentive revenue available to businesses.