Tax policies, specifically the 30% Solar Investment Tax Credit (ITC), have long existed as a key financial driver of the solar industry. The Solar ITC is a one-time dollar for dollar tax credit that is 30% the cost of installing a solar energy system. However, the non-profit sector of the economy was left out [...]
As the world continues to shift towards a more sustainable future, auto dealerships are stocking more electric vehicles (EVs). However, as more EVs roll onto showroom floors, most dealerships face the challenge of escalating operating expenses for a business that already consumes more energy than most. Many New Jersey auto dealerships have successfully turned [...]
There are so many reasons to go solar with Geoscape Solar: The 30% ITC Tax Credit, becoming energy independent, saving money every month on your utility bills, increasing the value of your property, fighting climate change or taking advantage of state incentives. Determining whether or not your property is the right fit for solar, [...]
Short answer: NO, there is no such thing as free solar and there is no such thing as free energy. The passing of the Inflation Reduction Act (IRA) of 2022 contained $269 billion in financial incentives for properties to become more energy efficient. This led to endless advertisements and promotions which promise “free solar” or [...]
The Inflation Reduction Act at a Glance Last month, President Biden signed the Inflation Reduction Act, the single biggest investment in both clean energy and the US Economy. The Inflation Reduction Act (IRA) of 2022 is the largest federal investment to date in the fight against climate change. This legislation will invest in $269 [...]
If you’ve ever considered taking your business solar, but were worried by the cost, you might find yourself in luck. The price of solar panels has steadily dropped, thanks to continually advancing technology and growing economies of scale. As it stands, the cost of commercial solar panels now puts renewable energy within reach of many [...]
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