Incentives to Go Solar
ITC
The Federal Investment Tax Credit (ITC) allows you to deduct up to 30% of your project’s cost from your federal taxes. If you don’t have enough tax liability to claim the entire credit in a single year, it has a 20 year carry-forward.
Take advantage NOW to receive the full 30% ITC while you still can. With a diminishing window of tax credits, now is the time to take advantage of this great incentive!
Other Incentives
Many states, local municipalities, and even utility companies offer their own incentives for renewable energy systems. These often come in the form of tax credits, rebates, or discounts.
Some utility companies offer net metering which means you could receive a bill credit or actual cash payment in exchange for your excess power generation.
Ag Solar’s expert team will help you navigate any additional local incentives that may be available to you and can work directly with your accountant to maximize the return on your investment.
Reap Grants
(PROGRAM PAUSED 2026) The USDA’s Rural Business Service offers REAP. The program offers both grants and loan guarantees to farms and rural businesses to invest in renewable energy systems. Qualifying applicants will receive a grant that can offset up to 50% of the total project cost.
Solar power is already a wise financial investment, but REAP grants are part of our strategy to help you recoup the majority of your project costs within the first year. Ag Solar experience in the agricultural industry has resulted in a 98% success rate in REAP grants awarded!