Federal Accelerated Depreciation for Commercial Use
Businesses (and home offices if they qualify -- consult your own tax attorney or accountant) also get accelerated depreciation for the remaining cost over a mere 5 years (26 USC Sec. 168 -- MACRS) - that means that you can amortize a 25-30 year asset over 5 years! This can enable businesses to recover (depending on your combined marginal Federal and California business tax rate) up to 50% of the remaining "after California Rebate and Tax Credits" cost through the tax benefits from higher depreciation deductions over a mere 5 years.
No wonder we can get your power costs down to a mere 8 cents per
kWh and fix that cost for the next 30 years if you run a business
and decide to finance the remaining expense over 30 years, the lifetime
of the solar electricity system.
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