Benefits
Save Money
Consume the energy produced from an on-site solar power system and lower electricity costs
Make Money
Sell the energy produced and stored by on-site solar generation and storage facilities
State & Federal Incentives
Benefit from federal and local tax credits, rebates, and property tax abatements
Green Business
Leverage the positive impact and exposure from being a socially and environmentally responsible business
Products
Access to real-time monitoring
It probably goes without saying – cloudy days aren’t always the best days for solar – but by how much? 174 Power Global clients have access to software, allowing for real-time and historic views into the performance of their PV and battery energy storage systems. A great tool for financial planning purposes of showing customers and employees a strong and well-rounded environmental commitment.
Flexible financing options
174 Power Global offers a variety of methods to generate and store solar energy for our consumer and industrial partners. All of these options offer stabilized energy rates and a natural hedge against fluctuating wholesale energy prices.
- No maintenance
- Maintenance plans available
- Shared responsibility
- 20 Years
- 25+ years
- 7-10 years; ownership
- Stabilized energy costs
- No money down
- Turn a variable expense into a fixed expense
- Stabilized energy costs
- Federal income tax credit (ITC)
- 5-year (MACRS) accelerated depreciation
- Local rebates
- Stabilized energy costs
- No money down
- Tax credit and depreciation monetization
Check Out Incentives By State
New York State has one of the most ambitious solar programs in the country. Currently the state utilizes net metering as the main mechanism to earn value with solar. Net metering is a one for one credit for every kWh of electricity your solar system produces, meaning the utility credits you what they would have charged you. Given New York State’s high cost of electricity with respect to other states net metering is particularly valuable. New York also has state and utility based incentives for solar in addition to federal incentives.
See More Information About New York Incentives Here.
Massachusetts has a robust solar program. In addition to traditional net-metering, which is a one for one credit for every kilowatt-hour (kWh) of electricity your solar system produces, Massachusetts established the Solar Massachusetts Renewable Target (SMART) program. The SMART program adds value on top the retail rate of electricity for every kWh your solar system produces. Massachusetts also has state and federal tax incentives for solar.
See More Information About Massachusetts Incentives Here.