Our high efficiency panels gather more energy with less surface area, enabling you to install the highest power system possible. This translates into even lower energy bills, and a greater positive impact on the environment.
Altadena, Pasadena, La Canada Flintridge, Duarte, Azusa, Arcadia, Sierra Madre, Glendora, Rancho Cucamonga, Fontana, Redlands, Loma Linda, Yucaipa, Calabasas, Malibu, Agoura Hills, Thousand Oaks, Simi Valley, Chino Hills, Highland, Chino Anaheim Hills, Yorba Linda,Cathedral City, Canyon Lake, Coachella Valley, Corona, Desert Hot Springs, Eastvale, Indian Wells, Wildomar, Jurupa Valley, Lake Elsinore, Menifee, Moreno Valley, Murrieta, Norco, Palm Desert, Palm Springs, Perris, Riverside, Temecula
Solar Freedom USA
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Our commercial solar power projects include the full range of services your business or organization will need to go solar, including:
Depreciation of Solar Energy Property in MACRS
The 50% first-year bonus depreciation allowance was further extended for property placed in service during 2013 by the American Taxpayer Relief Act of 2012 (H.R. 8, Sec. 331) in January 2013. If a system costs $100,000, the customer will receive a $30,000 tax credit the first year, resulting in an effective cost of $70,000 for the system. However, the MACRS cost basis will actually be $85,000 (assuming no incentives other than the federal tax credit were applied) $85,000 is the amount that can be depreciated over 6 years. 50% of $85,000 will be deducted in year 1 and for the rest of the 50%, the depreciation factors for those 6 years are 20%, 32%, 19.2%, 11.52%, 11.52%, and 5.76%. (Note that they add up to 100% resulting in full depreciation after 6 years.)