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Are there any differences from the residential requirements to qualify for incentives?

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Are there any differences from the residential requirements to qualify for incentives?

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Yes, among some of the differences for renewable energy incentives for commercial vs. residential rebates are the requirements that the product be SRCC certified. There are some products that are waiting to be SRCC certified that are ideal for a commercial application and your company can benefit from the tax incentives NOW. Another provision is that companies can write down a 50% depreciation on the cost of the installation in the first year. Please consult your tax advisor for details.

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