Commercial Solar Incentives
Commercial Solar Energy Rebates
Commercial solar incentives are at an all time high. With the passing of the Big Beautiful Bill, that wasn't so "beautiful" for solar energy, we have a limited time to have solar installed and obtain the 30%, 40%, or even 50% Investment Tax Credit ("ITC"). There are rebates and tax credits for every qualified solar energy system installed today, but don't wait, as the Tax Credits are set to expire at the end of 2027 under current law. No matter what State you are in, let SunRenu help you find a solar solution and provide a financial model to help you understand what going solar means to your bottom line. SunRenu has helped companies realize lower energy expenses as well as increased property value. Contact us today to see what incentives are available in your area.
Commercial Solar Federal Incentive
Currently the Federal government is offering a 30%Investment Tax Credit for qualified solar energy systems for your business. Both small and large commercial solar energy systems, this incentive can be taken as a dollar for dollar tax credit. This is a very attractive incentive to reduce tax liability to the IRS, and also doing so helps increase the property value of your real estate! The ITC will not be eligible forever, and currently has a sunset date of 12/31/2027, so in order to achieve this tax credit, commercial solar systems need to be completed by the end of 2027. Contact us for more information on the Federal ITC, or Direct Pay for qualifying tax exempt organizations.
Commercial Solar State Incentive
Certain States have local incentives or SREC's such as New Jersey, Pennsylvania, Virginia, Illinois, Massachusetts, DC, Maryland and a few other States. This is a State level program that pays the solar system owner for their clean energy production on a 1,000 kWh basis. Prices vary by State, so if you are a business or real estate owner and want to see how solar can benefit your building, contact us today!
Direct Pay
Direct Pay or "Elective Pay" is a Federal incentive that allows tax exempt organizations, including Tribal and Municipalities, to receive a check (cash payment) from the US Treasury in lieu of the Federal Tax Credit. This incentive is popular among Religious House of Worships and Schools. This incentive was enacted in the Inflation Reduction Act, and survived the Big Beautiful Bill or HR-1 passed on 7/4/2025. As long as there is the Federal ITC available (under the same window of availability) Direct Pay is available. Don't wait to put solar on your Church, School, or non profit Organization as this incentive will not be around after 2027.
ITC Adders
In addition to the base Investment Tax Credit, there are 10% "adders" that increase that Federal incentive.
Energy Community - if your qualified solar system on your building falls in an area designated "energy community" then you qualify for an additional 10% ITC, and Direct Pay also follows the adders. This adder is automatic assuming your property falls in the designated energy community area when you start the project, or finish the project. Contact us to check to see if your property falls in an Energy Community district map.
Low Income - Similar to the above adder, the Federal government publishes a map of designated low income areas around the Country. If your solar system falls inside the map of Low Income, it qualifies the Owner to apply for the Low Income adder. Unlike energy community, this adder needs to be applied for and awarded. The application process is heavily participated. SunRenu can help you identify if your property qualifies for this adder to increase the ITC.
Domestic Content - This adder is defined as using domestic material and components to achieve a certain threshold of total project domestic content. Racking, inverters, and panels are heavily weighted in the calculation of domestic content. SunRenu is an expert at understanding the Federal guidelines to achieve this adder. This adder allows for an additional 10% Federal ITC (or Direct Pay) on top of the baseline 30%. If your goal is to maximize the tax credits, you will want to team with SunRenu to ensure you achieve domestic content adder.