April 29-May 5 is National Small Business Week. The event provides an opportunity to highlight the contributions to our local energy economy made by Nebraska businesses that have invested in solar technology and have helped to grow the number of clean energy jobs in our state.
The twenty-nine businesses and farms featured in our “Solar Examples” in alphabetical order, from the Beller Farm near Lindsay to the Total Manufacturing Company’s office in Lincoln, vary in size, but all of them are setting inspiring examples for others in their communities and in our state.
As some of the owners have expressed in newspaper and broadcast media interviews, their decision to “go solar” is also benefitting them and their families, reducing energy costs in their business or farm operations, while also protecting the environment where they live and work.
There has never been a better time for Nebraska businesses to invest in solar energy systems. Taking advantage of available incentives, rebates, grants and equipment depreciation can cut the cost by half or even more. Below, are links to information sources, which can also be downloaded as a PDF here.
Photo: MSS Enterprise Near Cozad, Nebraska
Solar Energy Resources for Nebraska Businesses
Check out our Directory: Nebraska Solar Businesses
Incentives & Rebates
Business Energy Investment Tax Credit (ITC), Database of State Incentives for Renewables & Efficiency (DSIRE) – Federal Incentive: Currently 30%
Lincoln Electric System: Customer-Owned Renewable Generation Rebate Program
Southern-facing fixed solar: $375/kW-DC of nameplate capacity
Western-facing fixed solar: $475/kW-DC of nameplate capacity
Single or dual tracking solar: $475/kW-DC of nameplate capacity
Rural Energy for America Program (REAP) Grants & Loans
Small businesses in eligible rural areas and agricultural producers, both rural and non-rural, who have at least 50% of their gross income coming from agricultural operations, may apply. Check eligible business addresses. REAP grants provide up to 25% of the total project costs, and a grant and loan combination up to 75%. Eligible projects include renewable energy systems and the purchase, installation and construction of energy efficiency improvements. See REAP Fact Sheet for a complete list of eligible projects.
Nebraska REAP Program
Nebraska Rural Development Energy Coordinator
- A Brief Overview of Depreciation, IRS
- Modified Accelerated Cost-Recovery System (MACRS), Department of Energy
- New rules and limitations for depreciation and expensing under the Tax Cuts and Jobs Act, IRS
- Publication 946: How to Depreciate Property, IRS
- Nebraska Energy Office’s Dollar and Energy Saving Loans
- Rural Energy for America Program (REAP) Loans. See information, above.
See “Solar Examples” for photos and descriptions of Nebraska businesses that are powered by solar.