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Alternative Energy

Solar

As electric costs continue to rise, companies are looking for opportunities to control these costs. They find it is hard to budget for the yearly increases that are market driven and unpredictable.

The State Dilemma:

  • The demand for electric is projected to increase 1.5% a year thru 2020
  • Increase demand will lead to possible brownouts in the next 8–10 years
  • Electric price increases are trending over 10% a year
  • The State of New Jersey is committed to increasing the amount of renewable energy source to 22.5% by 2020.

Recent steps have been implemented to help jump start the program and provide an incentive that finally provides an ROI that makes sense.

Below is an outline of the steps recently taken that makes this investment desirable.

  • Federal Government provides 30% tax credit.
  • PSEG will be paying SREC’s (Solar Renewable Energy Certificate) each time a solar electric system generates 1000kwh of electricity.
  • Your electric bill will be decreased by the value of the electric you are generating.
  • Full 7% State Sales Tax Exemption
  • Federal Guidelines allow for 5 year accelerated Depreciation of basis.
  • We can provide very competitive financing and your loan interest is deductible.

Feasability Study

Hutchinson Business Solutions is an alternative energy developer. We approach these projects with a very practical viewpoint. We will perform a feasibility study, which will outline the objectives of the client and then provide a detailed overview of the opportunities that will allow the client to achieve these objectives.

Included in our feasibility study is a budgeted cost for the project along with multiple financial structures available to the client detailing the cash flow and ROI of the investment over the life of the investment.

Hutchinson Business Solutions ...
Bringing You Tomorrow's Clean Energy... Today

For more information about investing in clean energy solutions, feel free to call or contact us.

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