Sunwise helps you lower your expenses and elevate your company's profile with a more sustainable operation.
Bonus Depreciation allows companies to claim a larger chunk of the depreciation the year it was purchased. But the program is beginning a phase-out. For 2023, first-year Bonus Depreciation is 80% of the purchase price. It falls to 60% in 2024, 40% in 2025, and 20% in 2026. In 2027, the program will cease to exist. Take advantage of maximized savings now before it’s too late!
Businesses are increasingly realizing the monetary benefits of installing commercial solar panels. With a payback in the mid-single digits and a typical internal rate of return (IRR) exceeding 10%, most companies find that solar makes sense purely as a financial investment. There are other intangible benefits that can further improve the economics, such as employee recruiting and retention, customer attraction and loyalty, reputation in the community, and competitive differentiation.
Just like residential solar, there is a wide array of increased incentives to help business in their clean energy project. It starts with an extended and increased Incentive Tax Credit to 30%. Sunwise experts will help you understand the financial impact on your business.
Sunwise helps you elevate your company profile with a more sustainable operation. Investing in solar energy show your commitment to the future of the communities you serve and the well-being of your clients and employees. We help you enhance your ESG goals.
Nonprofits are mission-driven organizations working to solve some of the greatest challenges facing society. Investing in renewable energy can both align with, and help an organization achieve, its mission.