Aliso Electric has installed a 119 kW solar energy system on the roof of a prominent Corona business. Free energy from the sun will power 49% of this locations electric usage. The system’s price was offset heavily by the 30% Federal Tax Credit for Alternative Energy, and rebates from their power supplier Southern California Edison. The period of time to pay back what the system cost was dramatically reduced to 5 years using the tax advantages of accelerated depreciation, capital improvement and loan interest deductiblility.
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