Rocknoll Energy Systems is here to help you navigate the available incentives to help reduce your cost as much as possible in your search towards energy independence.
Grants
Grants are a form of non-repayable funds that can be used to help pay for your project costs. They have a competitive application process. These applications will typically require several forms of site documentation as well as plans and other technical assessments made for the project. There is also usually a longer turnaround time on funds, sometimes upwards of 6 months to a year. Rocknoll Energy is available to you for the application process as a service.
Rebates
Many times, utility companies will offer rebates and other incentives for reducing energy consumption. Like many of the other incentives listed here, they differ by utility. Efficiency upgrades, such as replacing conventional lighting with LEDs or updating an HVAC system, are usually covered in the varying list of rebates. Rocknoll Energy Systems will aid you reaping this benefit for your upgrades.
Tax Credit
The federal government offers an investment tax credit (ITC) for solar, battery storage, wind and biomass. The tax credit is 30% through to 2032. The ITC can be applied in the first year and/or rolled over to the following year(s). The tax credit applies to both commercial and residential projects. Commercial entities can also take advantage of bonus depreciation to achieve a quicker ROI. Here is a link to the Department of Energy to understand the specifics: Federal Solar Tax Credit Resources | Department of Energy