New PPL Solar Rebate Business Incentives Are Here

While the Federal Tax credit and depreciation value have driven the financial viability of commercial solar projects for 10 years +, PPL has just released a new business incentive to increase the benefits of solar. If you live in one of the following counties, you could be eligible for a solar business incentive of $1,000/kW. 

First Step:

Contact a solar specialist at Envinity and determine if your power usage and tax situation could qualify you as a good candidate for pre-approval.

Sample Solar Economic Study:

• Project Type: Manufacturing
• System Size: 860kW
• Average Annual Electric bill: $100,000
• System Install Cost: $1,500,000
• Tax Credits & Incentives: $657,000
• Depreciable Income: $404,420
• Total Cost after credits: $843,000
• Total PPL Rebate Value: $267,000

Project Payback: 4.5 years

Total System IRR: 16.2%

Cumulative Cashflow for the Engineered Life of the System: $2,582,904

Contact us today at [email protected] before solar rebate funding runs out!