Agricultural Solar Installations
Electricity is one of the highest monthly expenses on many farms. Solar Power helps farmers reduce that cut that high monthly expense so that cash can be used to support the farm in other ways. Reliably and consistently reducing expenses helps increase profit and ensure higher profitability.
Benefits & Incentives of Adding Solar to Your Business
Creative Solar’s knowledgeable team has experience successfully applying for REAP grants and can connect your project to other local and utility incentives to ensure you get the most affordable system possible.
Reduces high electricity costs by 50-60%
Solar output matches most expensive utility costs
Reduces operating expenses to increase operational efficiency
Provides extra income between growing times
Improves cash flow to invest in other areas
25 Year Warranty for peace of mind
USDA REAP Grant can cover 25% of cost
Just like a new tractor, greenhouse, or irrigation system Solar Energy systems are depreciable but are also eligible for USDA REAP Grants. Federal Tax Incentives, depreciation, and USDA grants can cover the vast majority of the upfront system costs.
With payback periods of just 3-5 years on equipment warrantied for 25 years, a solar energy system may be one of the most profitable investments you make for your farm for decades to come.
Benefits of Ground Mounted PV Arrays for Farmers
- 26% federal tax credit
- Increase cash flow
- Reduce operating expenses
- Hedge against raising utility rates
- Accelerated depreciation models such as MACRS and Section 179*
- Potential for a 25% USDA grant*
- A return on your investment may be achieved in 3- 5 years, depending on your individual financial factors*
- Be sure to ask your accountant if any other incentives apply to your installation*
