| Economic Benefits

REAP Grants:

An option available to farmers, as well as small businesses across rural communities, the USDA provides “Rural Energy for America” or REAP Grants. This incentive can help make going solar a viable option for rural food producers, who might not carry enough “Tax Liability” to recoup the entirety of their Federal ITC Tax Credit, as well as increase incentive for local businesses looking to install a solar system. More info on REAP grants can be found here.

Modified Accellerated Cost Recovery System (MACRS):

This is the federal program which allows you to depreciate the value of your assets (including your investment in a solar system), over time which will lessen your tax burden and save you a considerable amount of money in the productive life of your solar system. To learn more about MACRS click here.

Renewable Energy Certificates (RECS):

Renewable Energy Certificates, commonly known as REC credits, are a potential positive revenue stream that theoretically comes in the form of an annual payment from what’s known as a “REC Aggregator.” Although this carbon-offset system was initially advantageous to average consumers, we’ve found that, over the past few years, easy justification for enrollment in the program has deteriorated substantially, so as a consequence we are not offering enrollment at this time. You are of course welcome to enroll yourself, with our aid, if you’d like to potentially benefit from this incentive.

NH State PUC Credit:

The NH State PUC rebate of $0.20/W is now closed. If funds become available again in the future, we will apply all of customers retroactively. More info can be found here.

Refer A Friend:

Do you know someone who’s interested in potentially adding a solar system to their home, and you’d like to refer them to us? If solar won’t work for you, but you know someone who would benefit from having the conversation, we want to thank you for encouraging them to reach out to us. For any referrals to prospective clients who end up going solar with our company, we will pay $300 for each friend or family member you refer. If you’re already a customer with us yourself, Seventh Gen Solar is happy to pay you $500 for each of your friends or family member you send our way! After all, your glowing testimonial will make our job that much of encouraging your neighbors to follow your example, just that much easier!! If you know someone we can help go solar, please reach out to us here.