The most direct method of purchasing solar is with cash and sometimes with a loan. This gives you full control and ownership from day one and throughout the subsequent operation. You also receive all the related tax benefits, the most notable being the solar tax credit.  The Inflation Reduction Act brought the solar tax credit back to 30% for both residential and commercial and opened the door for certain nonprofit organizations to have the credit available to them. Additionally for commercial, which includes investors, addition tax benefits, depreciation and other, are available.

As your independent solar advisor Contact Us for assistance with determining the best approach, the outright purchase or the lease/PPA approach.

Independent Solar Consultant (ISC) and advisor