Integrating PV within the construction phase or converting existing properties into energy-efficient solar buildings has several benefits, some immediately practical and others that will more than pay for themselves over the long term.
Immediately – The Federal Energy Policy Act provides a no-limit 30% tax credit on the cost of installing PV solar energy equipment. Additionally, the State of Florida also provides many lucrative incentives and rebates.
In the near future – The Energy Policy Act provides a deduction for commercial buildings that reduce their annual energy consumption by 50% of the EPACT standard, up to $1.80 per sq ft, along with a .60 per sq ft for building subsystems.
Ongoing – A commercial-grade PV system is great insurance against future energy rate hikes. It also allows you to tag your building “green, ” which is becoming increasingly important to today’s environment-conscious consumer and a great marketing feature for your business.
Rodney White
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