FINANCIAL BENEFITS:
There has never been a better time to install solar systems on one’s Oregon business. Now is the time to capitalize on an under utilized asset… your roof! The Business Energy Tax Credit (BETC) has been increased to 50%. This, in combination with Energy Trust of Oregon, Federal Tax Credits, and Fed/State MACRS, five year depreciation realizes a simple payback in as little as 3.5 years.
Add in the Economic Stimulus Act of 2008, and it gets even better.
OPPORTUNITY:
Installing a solar system provides the opportunity to:
– Use tax liability to pay for the cost of the system
– Green your business faster
– Reduce your business’ carbon footprint
– Demonstrate your company’s commitment to lower-cost energy
– Lead by example in your industry
SYSTEM SIZE:
The system size that meets your needs can be determined after an initial site survey and energy bills analysis. The four major factors that affect system size and type are:
1) The area, age, and structure of roof or property
2) Amount or proper exposure to the sun (Solar access)
3) Oregon and Federal tax incentives
4) Your budget
