Through farm grants, utility-specific incentives, federal tax credits and affordable ag financing options, the cost of a solar system can be substantially reduced. Our team has in-depth experience working with farm financing partners and your own team to help you maximize your return. Regardless of your farm’s size, large or small, we can accommodate you to ensure you see a positive ROI on your commercial solar investment. Contact Canopy Solar today and see if your agriculture or farm operation could benefit from our solar services.
Most solar applications on a farm take place on barn roofs, houses and unfarmed land that will serve as income generation opportunities just as a field of crops. The benefits recognized by farmers are lower operating costs by utilizing less energy to perform daily operations as energy costs continue to rise allowing a more predictable budget for security in years of potential revenue decrease. Available to all farm operations is the 30% residential and up to 50%, based on qualifications, for commercial projects and a depreciation schedule. Also available to farms are federal and state grants that reduce the upfront cost of the system making it a more affordable investment and a faster payback.
We know that farms and agricultural businesses desire predicable operating costs. Fertilizer, seed and diesel fuel prices keep going up. So why not control some of your input costs? Solar technology lasts over thirty years. If a good business year enables some tax sheltered capital investments that provide a whole lot of years of reduced utility bills, why not do it? The only difference between a solar array or a pole building or a tractor is the utilization and the expected years of payback. Sound capital investments like solar electric and solar thermal energy systems benefit a family operation over time. Just like a good barn.