How Novel Energy Solutions Can Help You Save on Energy and Heating

Did You Know

Energy and heating costs continue to rise every year. By going solar you can shield yourself from these rising costs and reduce dependency on utility providers. With our 20 year warranty and free maintenance, you can rest assured that you will continue to save money for years to come.

Depreciation

Solar Hot Air Collectors are a 5 year MACRS property, so you can depreciate the entire purchase within 5 years unless you use Section 179.

Section 179

Allows you to depreciate the entire purchase the year you buy it. There is also bonus depreciation for those who have spent up to the Section 179 limit. This is slightly complicated and is dependent on each individuals or business tax situation. However, any tax specialist or CPA will be familiar with this.