Save Thousands With a
30% Tax Credit for Solar Energy
Businesses Receive 40%
Receive 30% of your total solar system cost back in the form of a tax credit or, for tax-exempt organizations, a direct payment.
Peninsula Solar, based out of Marquette MI, is the only fully licensed solar installation company in the Upper Peninsula. We have been installing commercial-scale solar systems since 2011, and our design team will be happy to speak with you in order to develop a free proposal.
So fill out the form above to get started or give us a call at 906-235-0340! We'll gladly answer all of your questions and help you through the process.
Unlock incredible savings for your non-profit or tax exempt organization on a modern solar energy system. Businesses receive a higher incentive rate, at 40%.
Get Your Free
Proposal Started Today!
Tax Credit
What is the Tax Credit Offer?
The Inflation Reduction Act of 2022 is an unprecedented legislation that affords homeowners, business owners, and nonprofits staggering opportunities to invest in renewable solar energy.
Amidst the commotion, some people missed the significance of this announcement.
A modern solar energy system is by far the most cost effective way to provide power to a building, especially one that consumes a fair amount of energy. With solar energy, your organization can:
Peninsula Solar installed a solar system for our municipal building in 2022. The entire
experience has been wonderful, and we're saving hundreds of dollars each month.
Nick Leach, Negaunee Township Manager
Who Qualifies for this Tax Credit?
Virtually any property owner in the United States qualifies for a tax credit granting them 40% off of a solar system.
For homeowners and business owners, this credit comes in an offset of their income tax liability. This means a reduction in the amount of income tax that an individual or a business owes to the government.
However, tax exempt organizations have a unique advantage - the 40% credit now comes in the form of a direct payment.
With a direct payment, you will receive a check for 40% of your solar system cost. This can include:
- Equipment costs (batteries, inverters, etc.)
- Installation costs
- Any other inspection costs or fees
Calculate Your Estimated Credit
System Cost x 40% = Direct Payment Amount
$45,000 x 40% = $18,000 Check
Solar Savings Incentive Calculator
Unlock incredible savings for your non-profit or tax exempt organization on a modern solar energy system.
