Commercial

Solutions for Utilities, Inc. can provide your business a financial analysis that will overwhelmingly prove there has never been a better time to change over to solar energy for your business.

Tax Credits, Rebates and Incentives
The Emergency Economic and Stabilization Act of 2008 extended the 30% Federal Tax Credit for the cost of the solar system. The California Solar Initiative (CSI) Program is currently paying $1.55 per Watt in SDG&E territory. Performance Based Incentives (PBI) are also available, which are paid over five years, based on the performance of the solar system. These State Rebates/Incentives go down in value as the utility company reaches certain renewable energy portfolio thresholds. The longer you wait, and those thresholds are met by the utility company, the less money your company will receive in Rebates or Incentives.

For Commercial Applications, the Recovery and Reinvestment Act of 2009 offers the election of a cash grant instead of a Federal tax credit.

The IRS has determined that depreciation on solar electric producing equipment is depreciated on a five-year basis. Solar electric equipment added to your business property is exempt from real property taxes.

Please consult your tax advisor for individual specifics.

Return on Investment
As energy rates increase, as they have historically, your business will be insulated from those rate increases over the 25-year life of the system. Your system will be paid off and the sun will be providing free electricity to your company. This will produce significant long-term savings.

Your business can be more competitive because the high cost of electricity has been curbed or curtailed completely for the majority of those 25 years. The Return on Investment is outstanding when compared to any other current investment your company could make. As the examples below show, there is no reason to wait TO GO SOLAR!

System Description: 100.000 kW DC Power (STC) Estimated Annual Production: 155,100 kWh 90.104 kW AC Power (CEC) Gross Cost: $747,000     Incentives:   CA CSI PBI Incentive (5yrs x .22¢ kWh) ($170,610) Federal Tax Credit 30% ($224,100) Total Incentives: ($394,710) Fed. and State Taxes on CA Incentive *$59,713 Net Incentives, Credit or GrantNet Incentives, Credit or Grant $334,997 Net Cost $412,003 Later-Year Incentives Section 179 Depreciation to $125,000 First Year Or 50% Bonus 1st year and full depreciation in Five Years     Financial Analysis:   Average Monthly Utility Savings (25-yrs) $1,393 Utility Savings over System Life $417,759 Cash Flow Compared to Net Cost 80% Levelized Cost of Solar Energy $0.13/kWh Reduction of Green House Gas Emissions 2,656 tons of CO2 *35% Tax Bracket Assumed **30% Credit or Cash Grant is based on Total Cost when tax is paid on CA Incentive Received. System Description: 60.000 kW DC Power (STC) 54.063 kW AC Power (CEC) Estimated Annual Production: 93,810 kWh Gross Cost: $474,600     Incentives:   CA CSI PBI Incentive (5yrs x .22¢ kWh) ($103,191) Fed. Tax Credit/Cash Grant of 30% ($142,380) Total Incentives: ($245,571) Fed. and State Taxes on CA Incentive *$36,117 Net Incentives, Credit or Grant $209,454 Net Cost $265,146 Later-Year Incentives Section 179 Depreciation to $125,000 First Year Or 50% Bonus 1st year and full depreciation in Five Years   Financial Analysis:   Average Monthly Utility Savings (25-yrs) $709 Utility Savings over System Life $212,845 Cash Flow Compared to Net Cost 47% Levelized Cost of Solar Energy $0.14/kWh Reduction of Green House Gas Emissions 1,607 tons of CO2 *35% Tax Bracket Assumed **30% Credit or Cash Grant is based on Total Cost when tax is paid on CA Incentive Received. System Description: 36.000 kW DC Power (STC) 30.328 kW AC Power (CEC) Estimated Annual Production: 56,076 kWh Gross Cost: $304,560     Incentives:   CA CSI EPPB Incentive (@$1.55W) ($47,008) Fed. Tax Credit/Cash Grant of 30% ($91,368) Total Incentives in Year of Installation: ($138,376) Federal and State Taxes on Incentive *$16,453 Net Incentives, Credit or Grant $121,923 Net Cost First Year $182,637 Later-Year Incentives Section 179 Depreciation to $125,000 First Year Or 50% Bonus 1st year and full depreciation in Five Years     Financial Analysis:   Average Monthly Utility Savings (25-yrs) $574 Utility Savings over System Life $172,170 Cash Flow Compared to Net Cost 49% Levelized Cost of Solar Energy $.0.13/kWh Reduction of Green House Gas Emissions 960 tons of CO2 *35% Tax Bracket Assumed **30% Credit or Cash Grant is based on Total Cost when tax is paid on CA Incentive Received.

Thank you for considering Solutions for Utilities, Inc. as your partner in going solar.