Tax Credits for Riverside County set to expire?

With California boasting some of the nation's highest electricity costs, which have surged by a remarkable 45.9% in just three years, the impact on your business's operational expenses can be substantial.

Following his election, Mike Johnson acted swiftly, proposing a bill aimed at tapping into substantial climate-related funding from the Inflation Reduction Act. This is a pivotal moment, particularly concerning the future of the 30% investment tax credit for solar initiatives.

Currently, investing in solar power in Riverside and the Inland Empire isn't merely a smart choice; it's essential for cost control and predictability. By transitioning to solar energy, businesses can reduce their electricity bills by up to 80%, a transformation that can reshape your energy expenses and provide a competitive edge.

The abundant sunshine in Riverside and the Inland Empire is a resource that we can tap into to reduce operating costs. With current incentives still available, the time to take action is now. Before any potential alterations in tax credits come into play, securing solar energy for your business can lock in savings and bestow energy independence upon you.

The time to invest in solar energy and secure the financial benefits that come with it is pretty much now, with utlity costs spiralling, the cost of solar at an all time low, and the threat to critical subsidies going into 2024. Don't wait for policy shifts to limit your options.