In Maryland, the incentives to go solar for a commercial building typically include:

-30% Federal ITC

-Maryland commercial solar grant averages additional $10k-$20,000

-SRECs till 2030 can be another $20,000+

-Bonus tax depreciation too!

These are the reasons we see 5-7 year full paybacks, and if you need financing, we work with commercial solar lenders that have no money out of pocket programs as long as the business can qualify for credit. Typically, the amount of savings by having a zero electric bill and then plus all of the incentives that the business will receive, you will always be cash positive within a year. The way they set up the monthly payments can work out where you are making the monthly payments from the actual incentives that you received for going solar. Contact us to find out more. If you own a commercial roof in Maryland you have to look into solar, and DC of course with the highest SRECs in the nation, and/or VA and PA, you have to look into it. The numbers are unbelievable. Take advantage of the Inflation Reduction Act and the 30% Federal ITC, and all of the other incentives available, you deserve it and so does your business.