Many manufacturing facilities are hit with high demand charges in addition to energy charges on their monthly utility bill.
For a limited time there are special solar friendly rates offered by both SCE and PG&E that reduce or eliminate demand charges and generate additional savings above and beyond the already substantial savings provided by Net Metering for solar customers.
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.