Citrus Growers and Packers
As the cost of pumping water to trees continues to increase, solar power offers a way to keep those costs in check.
Net metering allows citrus growers and packers, which may be only active in the fall, winter and spring, to credit high-value energy produced by the solar project during the rest of the summer against the bills generated during months when the plant is active and energy is cheaper. This means that a relatively small solar project can reduce or eliminate annual electricity costs. And a new program called Net Energy Metering Aggregation allows a solar project at a single location on your property to reduce ALL of the utility bills you pay, even those from pumps which may be spread out on your property.
To find out more, contact ImMODO today for a free cost saving analysis and quote!
3 Reasons to Switch to Solar Energy Without Delay
Federal Investment Tax Credit
30% Federal Investment Tax Credit will expire on December 31, 2016 and projects must be completed by this date to qualify. Even if you don’t have the taxable income to benefit from the tax credits, we can offer discounted leases and power purchase agreements provided by companies that are able to utilize the tax benefits.
Net Metering Tariff
The Net Metering tariff in its current format will expire once your utility has connected solar systems totaling 5% of its aggregate peak load. At current rates this will be sometime in 2016. Net metering will likely continue to be offered but not at the full retail rate currently required of the utilities by the CPUC.
Property Tax Exemtpion
The California state property tax exemption for solar property will expire on December 31, 2016.