The financial incentives of a solar carport installation

While the effectiveness of solar power will likely be debated for quite some time, there is a lot of momentum in its favor, due to a solid backing from local, state and the federal government. Financial incentives are in place to help those who have installed solar energy structures, which is one of the reasons why they have become so popular in recent years. 

Mention tax breaks to any business owner and their ears will likely perk up. The costs of running a company can be quite high, so finding solutions to reduce expenses is near the top of the priority list. Not only will installing a solar solution help reduce energy costs, it can help businesses save on taxes, depending on a number of factors, including the amount of energy used, the type of solar structure and the location of the company. 

Solar carports are a good way to experience the financial benefits of an installation because they offer several other key advantages, like the safety of cars and assets during blazing hot days. This, along with the benefits they add to an organization's bottom line, are why they are such an ideal solution. 

Recently, an article in the online publication Solar Power World listed the benefits of a solar carport installation. Kathleen Zipp, the article's author, went into detail about how carports can help companies financially.

"The single greatest way to tip the models and create some interest in a solar projects is to consider solar carports," Zipp wrote. "Accelerated depreciation and tax strategies using solar along with possible secondary revenue benefits associated with the shaded parking will create financing opportunities."

Working with a solar developer will help companies ensure their carports are installed correctly and that they yield the best possible financial returns.

About ProtekPark Solar

ProtekPark Solar is an experienced structural design and manufacturing company that specializes in the installation of solar parking canopies. We offer commercial, institutional and utility scale clients the opportunity to translate technical efficiencies into financial savings. Please contact Matt Hayes about a potential investment in your parking facilities solar future..