Rural Monroe County businesses and farms qualify for up to 90% funding for Solar Power installations

There are currently two government programs, the Inflation Reduction Act and Rural Energy for America Program (REAP). The Inflation Reduction Act provides a 30% tax credit plus a bonus 10% depreciation and REAP provides a 50% Grant. These programs can be used together to cover the 90% of the cost of installing a Solar Panel System on a farm or rural business. This is a unique opportunity that will not last long in today’s political environment.

The following is a link to more information about the REAP program. https://www.rd.usda.gov/programs-services/energy-programs/rural-energy-america-program-renewable-energy-systems-energy-efficiency-improvement-guaranteed-loans

The following is a link to more information about the Inflation Reduction Act. https://home.treasury.gov/news/press-releases/jy1830

Applying for Federal Government Grants can be complicated and intimidating. MPI Solar has a Grant and Tax Credit specialist the can answer any questions and prepare the Grant Application for you.

You can find a link to check your address for eligibility and get more information at https://mpisolar.com/discover-how-government-grants-can-help-you-finance-the-installation-of-solar-panels-for-your-home-or-business MPI Solar Energy – Your Hometown Solar Pros for over 30 Years.