Commercial, Non-Profit, and Goverment Experts
Bringing The Power Of The Sun To Your Business
District Energy is a locally owned and operated business with the knowledge and experience to work with government, non-profit, and commercial entities in the District. We provide innovative technical and financial solutions that facilitate the transition away from fossil fuels toward clean, renewable sources of green energy.
With years of experience using the very best in technology, we’ve become known as the most trusted solar provider in DC. We take your business very seriously and believe in creating long lasting customer relationships. You can count on District Energy to help you achieve your energy independence, sustainability, and financial goals by switching to solar.
Tax credits and incentives make it possible for more businesses to take advantage of the benefits of solar:
MACRS Accelerated Depreciation
Year 1 Bonus Depreciation
30% Federal Tax Credit
Highest SRECs in the nation
From start to finish, District Energy was fantastic. They dealt with the entire process, including historic review and permitting, which made everything smooth and easy. The particulars of our install required some special work to mount the panels at a lower sightline, and they knew exactly what to do and how to do it.
As if lower utility bills were not enough when you switch to solar, customers are able to take advantage of tax benefits that significantly reduce the cost of the system. There is a 30% federal tax credit that is still available and commercial solar customers are able to depreciate their solar systems on their federal and state taxes. These tax incentives are equivalent to 60-70% of the cost of the system, and between the solar savings and tax incentives, customers can get their money back in anywhere from 4 to 6 years. With a 30-year or more useful life, once your solar system has paid for itself, it will keep saving money for decades to come.
This aspect is perhaps the most well-known. The Federal Solar Investment Tax Credit (ITC) and 5-Year Modified Accelerated Cost Recovery System (MACRS) have been important drivers in reducing costs for companies going solar. Many other rebates and incentives exist for state, municipal and utility levels. You can find out more about specific locations by searching the Database of State Incentives for Renewables & Energy.
Strategic Net Metering
Utility customers with net metered photovoltaic systems are credited for each kilowatt produced by their system and each month will be billed for the number of kilowatt hours they used, minus the number of kilowatt hours generated. When generation exceeds usage for a given month, a credit for each excess kilowatt hour will be issued, to be applied in later months when the system generates less electricity than consumed. Credit for excess generation will rollover from month-to-month indefinitely.
Rate Structure Incentives
While most companies have heard of net metering, perhaps one of the least talked about, but extremely important topics, is the role of rate structures. When possible, having the ability to rate switch to the best utility rate structure is extremely helpful to creating a winning financial scenario.
Maximizing Financial Value
This is a time of great opportunity for going solar. The right partner, like District Energy, can help you assemble the most financially advantageous combination of incentives, rate structures, financing and investors (when applicable) to help your business achieve the maximum benefits and value from your solar project.