Michigan farms & rural small businesses have a great opportunity with solar
Farms and rural small businesses can install a solar array and qualify for a USDA REAP grant that will pay 25%, receive a 30% tax credit, and receive an Accelerated Bonus Depreciation Allowance. When you take all of this into consideration, a $60,000 solar array could have a net out-of-pocket of less than $10,000. Further, there are Federally backed loans to fund solar electric projects.
With the savings you will realize on your electric bill (because now your electricity is created with your solar array,) the system could pay for itself in as little as five years. This could save you over $100,000 in the array warranty period, alone. The array itself is a great long term investment, with the life expectancy of over 40 years.
Michigan Solar Solutions can help rural small businesses and farmers understand the saving and benefits of solar power, and write the USDA REAP grant application for FREE (a $2,000+ value.) We can provide you with a free solar analysis to see if solar is right for you. Michigan Solar Solutions works with several financial organizations to help you get financing, including Green Stone Farm Credit Services (see Locations Near You.)
To investigate how solar can save you a lot of money, simply fill out the form on the side of the page. We will contact you and answer your questions.