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Financing

Going Solar is more affordable than you think!

 
CHECK OUT JUST A FEW OF OUR FINANCING PARTNERS AND LEARN THE FACTS

 

CLEAN ENERGY CREDIT UNION

For financing, check out our trusted finance partner, Clean Energy Credit Union
 
 

Apply Now: Clean Energy Credit Union

OR

 

HOME LOAN INVESTMENT BANK

Finance your next energy solution solar system with Home Loan Investment Bank (HLIB)
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Terms to Know

A kilowatt (symbol: kW)

is a unit of electric power. One kilowatt (kW) is equal to 1000 watts (W).

 

A watt

is the standard unit of power equivalent to one joule per second. It is equal to the power in a circuit in which a current of one ampere flows across a potential difference of one volt.

 

An ’RTI’ or Ready-to-Install

is an NES-Exclusive product in which you can do much of the work yourself saving a great deal in the cost of the system. We evaluate your site, consult with you to determine your energy needs, design, and ultimately deliver the system to your location. The NES team will take the time to show you how it goes together, and you can complete the project on your own. We provide the electrical drawings for your electrician to connect to your panel or meter and the spec sheets for ground mounts if needed.

 

FOE or Focus on Energy

is Wisconsin’s statewide utilities’ energy efficiency and renewable resource program. Utility companies participating in this program will send a rebate check equaling the current year’s budgeted dollars for either residential or non-residential installations, to include rural area bonuses. Many utilities may not participate in the FOE program but have their own program, with check amounts varying from $500-750 and beyond.

 

26% Federal Tax Credit

is a 26% credit of the entire cost of the system, including electrical equipment, materials, tools – even roof replacement in certain cases. These costs should be tracked, all receipts kept, and can be applied as a tax credit at the end of the year when you file your taxes.  Check out our Tax Tips Blog for more information.

 

Payback

is the period of time in which to recoup the cost of the system.

 

Accelerated Depreciation (MACRS 5yr)

is a 25% tax credit that can be applied as a tax write-off for business owners. The payback example below is for a Commercial Series Turnkey 6kW solar system with 6kW Inverter, 370-watt high-performance solar panels with a 25-year performance warranty on an adjustable steel ground mount. 

Check out the payback on this 2021
NES HOME OFFICE Solar Installation
(the new norm!)
 
 
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