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  Corporate Florida Inland Empire San Diego Texas

Texas allows a corporation to deduct the cost of a solar energy device from the franchise tax in one of two ways: (1) the total cost of the system may be deducted from the company’s taxable capital; or, (2) 10% of the system’s cost may be deducted from the company’s income. Both taxable capital and a company’s income are taxed under the franchise tax, which is Texas ’s equivalent to a corporate tax.  

State Property Tax Exemption for Solar PV Systems
http://www.seco.cpa.state.tx.us/re_incentives-taxcode-statutes.htm#11

Utility Company Commercial Rebates for Solar Systems

Austin Energy’s Solar PV Rebate Program
http://www.austinenergy.com/energy%20Efficiency/Programs/Rebates/Solar%20Rebates/index.htm

CPS Energy’s Solar PV Rebate
http://www.cpsenergy.com/Commercial/Rebates_Programs/

Federal Tax Credits
In addition to any State and Utility company rebates and Credits, the Federal Government offers commercial  solar system owners:

• One time Federal tax Credit of 30% with no cap.
• Five Years Accelerated Depreciation
• Property Tax Exemption on Solar System

For 30% tax credit for commercial, please refer to IRS Form 3468 (item 2.b): http://www.irs.gov/pub/irs-pdf/f3468.pdf 

For 5 years Accelerated Depreciation for commercial, please refer to IRS Form 4562: http://www.irs.gov/pub/irs-pdf/f4562.pdf and http://www.irs.gov/pub/irs-pdf/i4562.pdf for instructions.

Please also refer to the following link for more information: http://www.seia.org/getpdf.php?iid=21

IRS Tax Credit Forms http://www.irs.gov/formspubs/lists/0,,id=97817,00.html

Solar Programs and Funding For Schools
Solar Program for Schools: http://www.seco.cpa.state.tx.us/re_solarschools.htm
School Funding- Grants- Loans: http://www.seco.cpa.state.tx.us/seco_funding.htm

OTHER USEFUL LINKS:  
Database of State Incentives for Renewable Energy and Efficiencies.
http://www.dsireusa.org/library/includes/map2.cfm?CurrentPageID=1&State=TX&RE=1&EE=0

Texas State Energy Conservation Office
http://www.seco.cpa.state.tx.us/index.htm
http://www.seco.cpa.state.tx.us/re_solar.htm - Solar Info

FINANCING OPTIONS: 
Do you want to write a check every month that goes down a hole, or do you want it to count towards future free energy in a Solar Energy System?

After 7, 10, 15 or 20 years your company can buy the equipment for as little as $1 and have free energy for the next 25 years.

Please ask your Merh Solar Representative about financing options. 

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