MSSI - Maryland Solar Solutions, Inc
Today's energy for Tomorrow's world | 443-218-2620
Cost of average residential system $50,000.00
Federal direct tax credit 30% (refunded at next year's tax return) $15,000.00
Maryland State Rebate $7,000.00
Local Tax Rebate $2,500.00
First year savings from energy generation $1,008.98
Return on Investment at year one: $25,508
The MEA has updated the structure for the grant program for 2010 (any grant application that is received after 12/1/2008 automatically falls under the new guidelines) which are as follows.
Photovoltaic systems:
$1.25 per watt for the first 4,000 watts (DC) capacity
$1.00 per watt for watts 4,001-8,000
.50 watt for watts 8,001-10,000
Maximum grant amount remains at $10,000.00 Want to find out how much your home qualifies for? Fill out our questionnaire and we’ll get you started in helping in the transition to clean energy.
Last year, Congress temporarily increased the amount (50% of the cost of capital investment) that small businesses could write-off for capital expenditures incurred in 2008 to $250,000 and increased the phase-out threshold for 2008 to $800,000. The bill will extend these temporary increases for capital expenditures incurred in 2009. Accordingly, until the end of 2010, small business taxpayers are allowed to write-off up to $125,000 (indexed for inflation) of capital expenditures subject to a phase-out once capital expenditures exceed $500,000 (indexed for inflation). (Div. B, Sec 1202, p. 74)
Your solar renewable energy credits are an actual dollar value and are considered commodities. You may sell your "green energy credits" at a lump sum or you may allow Maryland Solar Solutions, Inc. to manage your credits for you as your aggregator. If you choose to allow us to monitor and manage your energy credits, you will receive your dividends in the first two months of each year. Energy commodities are rising and so will your investment.
