Time Is Running Out for MACRS Incentive

If you’ve been hesitant to get into a commercial solar project, you probably don’t want to wait much longer. Yakima Solar is going to cost you less to install right now than it will this time next year thanks to MACRS incentives.

MACRS stands for Modified Accelerated Cost Recovery System. It’s a tax depreciation system that allows for the capitalized cost of a tangible property to be recovered over time thanks to annual tax deductibles for depreciation. Right now, this will allow you recover money put into a Yakima commercial solar system over the years, but this opportunity will end with the start of the new year. In other words, there’s really no better time than right now to contact a Yakima Solar contractor.

A good example of a solar system for those considering taking advantage of this incentive would be the one recently installed at a State Farm insurance location in Selah, Washington.

The system was pieced together from a custom built aluminum array structure fastened to the roof of the commercial building housing the State Farm office. The lightweight structure allowed the installation crew to make minimum roof penetrations. This design approach allowed the team to create a very simplified solution, making long term maintenance of the structure easy and cost effective. Most importantly, the structure and installation do not compromise the integrity of the existing building or adversely affecting the functionality of the panels themselves.

The whole rig was built with 20 Siliken USA 245 watt Modules built around a Solectria Inverter. This system was designed with the summer season in mind, offering tremendous performance during the sunnier months.

The MACRS initiative combined with the possibility, in some states, of earning a credit from the city for the electricity that you put back into the grid means that your solar system may well be seen as an investment rather than an expense with the right credits, refunds and maintenance. Not to mention the simple fact that you won’t be paying an electricity bill anymore. There’s never been a better time to go solar.