Financial Incentives

COMMERCIAL SOLAR

Green State Power offers custom financial pro-forma’s to all of its clients, which demonstrate the expected financial returns expected from each solar system it installs.  Through a combination of State and Federal financial incentives and the savings or sale of electricity generated, solar power is an excellent long-term financial investment with strong returns.

Investing in solar energy not only demonstrates a commitment to sustainability to your customers and employees, but it also provides a new revenue source.  With rising energy costs, putting the power of the sun to work for you will protect your bottom line for years to come.

Federal Tax Credit – 6% – 30% of system cost, depending on various factors 
Depreciation – over 5 years 

PROPERTY TAX EXEMPTIONS 

For both Commercial and Residential systems, all solar installations are 80% exempt from property taxes in North Carolina. 

NC Property Tax Abatement – 80% exemption on appraised value

LED LIGHTING REBATES

Our team will work directly with Duke Energy or the corresponding utility company in your territory to calculate eligible rebates for all lighting projects and maximize savings.