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Commercial PV
What it costs
Tipping Point Renewable Energy offers two options for businesses interested in investing in alternative energy. The chart below describes the two main plans for this investment.
The first option is a standard purchase of the system. This provides you with the most long term value and allows you to take advantage of the federal tax credits and accelerated depreciation.
The Repower program allows you to avoid any major capital outlays and allows you to simply purchase solar energy at a fixed rate. This allows you to control and predict operating costs and get the benefits of solar without the investment or risk. The system is purchased, owned and maintained by a third party and you purchase just the power from the system.
RePower as a hedge against increasing utility costs
Tipping Point Renewable Energy will talk with you about what option will give you and your business the greatest savings based on your financial needs.
Example Commercial System
| Cost for Solar System (40kw) | |
Equipment Costs + Labor |
$ 305,000 |
Permitting |
$ 1,000 |
System Cost Before Rebates and Incentives |
$ 306,000 |
Less Federal Tax Rebate (30%) |
$ 91,800 |
Less Ohio Advanced Energy Fund |
$ 153,000 |
Total System Cost AFTER Rebates and Incentives** |
$ 61,200 |
| Key Numbers at a Glance | |
Estimated Annual Utility Savings |
$ 9,000 |
Estimated 20 Year Savings |
$ 180,000 |
Estimated Annual CO2 Reduction |
40 tons |
** Does not include property value increase
