If
you have substantial capital to invest and are interested
in a relatively safe return on your
investment, (as long as the sun continues to shine), then ownership of
part or all of
a solar generation system may be for
you. Ownerhip today in a solar electric system can be expected to
provide an after tax
return to the owner of at least 8%.
Pre-tax, the return is usually in the 12% to 15% range. That return
assumes the solar
system is a commercial or industrial
size system.
Until
the passage of the economic Stimulus bill on February 17, 2009,
investors in a solar generation system needed to be
able to fully utilize the 30% solar
Investment Tax Credit as well as five year accelerated depreciation to
achieve a desirable
after tax return. The Stimulus bill
signed by President Obama now provides solar system owners with a new
option: receiving
a grant from the Treasury of 30% of
the installed cost of the solar system in lieu of taking advantage of
the 30% solar ITC.
This option now makes ownership of a
solar system available to more investors because the principal tax
benefit that needs
to be utilized is only the
depreciation of the system cost.
If
you would like more information on the opportunity to invest in
ownerhip of a solar generation
plant, email us at
finance@renewablepowerinc.com and state the range of capital you are
interested in investing.
