SAVE BIG ON SOLAR WITH
COMMERCIAL TAX INCENTIVES

COMMERCIAL SOLAR TAX CREDITS & REBATES IN NORTH CAROLINA

Businesses can save 30% via the Federal Tax Credit if they act now!
Further savings via Bonus Depreciation, the USDA REAP grant, and other Federal Funding opportunities

Commercial Building with Solar Panels on the Roof

Fuel a profitable future with solar power tax rebates

If you’ve been on the fence about switching to solar power for your commercial property or nonprofit, these solar tax incentives, rebates, and tax credits may just change your mind. Business owners and nonprofits all over NC are switching to solar, not just because it’s better for the environment but because it’s more financially feasible than ever!

Tax Credits for Commercial & Industrial Solar Panel Projects

Commercial solar energy systems provide excellent tax benefits as well. The BBB has impacted the tax schedule for  Commercial solar panel system. Projects that commence construction before July 4, 2026 will qualify for the full 30% tax credit, and must be placed in service within 4 years. 

Commercial Building with Solar Panels on the Roof

IMPACTS OF The BIG BEAUTIFUL BILL For North Carolina Businesses

Policy Shift & Tax Credit Termination

Recent federal actions, including Executive Order 14315 and the One Big Beautiful Bill Act, signal a fundamental shift in U.S. energy policy, aiming to eliminate green energy subsidies and end taxpayer support for wind and solar. Consequently, the primary federal tax incentives for commercial PV solar systems – the Clean Electricity Production Credit (45Y) and the Clean Electricity Investment Credit (48E) – will terminate for any solar facility placed in service after December 31, 2027.

It is possible to qualify for the full credit beyond this date, though construction must begin by July 4, 2026, and placed in service within 4 years of starting construction to be grandfathered in. 

Current Begin or “Commence Construction” requirements may become more stringent, with an executive order instructing the Treasury to issue “new and revised guidance.” Issuance is expected in mid to late August of 2025, and generally there is a 60-day buffer before implementation. 

Foreign Entity & Supply Chain Restrictions

Starting in 2026, projects seeking 45Y or 48E credits will be subject to stringent “Foreign Entity of Concern” (FEOC) restrictions.

No credit will be allowed if construction begins after December 31, 2025, and the project includes “material assistance from a prohibited foreign entity”.

The credit is also denied if the taxpayer itself is a “specified foreign entity” or “foreign-influenced entity”.

For solar components, the “material assistance cost ratio” from prohibited foreign entities will be subject to increasing thresholds: 50% for 2026 sales, rising to 80-85% after December 31, 2029.

Domestic Content Requirements

Projects applying for the additional 10% domestic content bonus credit will see those content percentages for qualified facilities increase.  

For projects commencing construction:

Before June 16, 2025: 40%

On or after June 16, 2025, and before January 1, 2026: 45%

During calendar year 2026: 50%

After December 31, 2026: 55%

Energy storage and other clean electricity projects

(excluding solar and wind) are subject to a phase-down schedule beginning in 2033. 

For projects commencing construction:

Before December 31, 2033: Full Credit

After Jan 1, 2034: 75%

After Jan 1, 2035: 50%

After Jan 1, 2036: 0%

The solar power tax incentives you need for a financially-sound organization

Get more tax credit than ever for your solar assets

Offset the cost of your solar panel installation by taking advantage of the many federal, state, and local tax rebates on offer – while you still can. Depending on your location, USDA REAP grants are also available. Not sure what tax credit you can get?

Commercial Solar Tax Credits Icon

Solar tax credit options for nonprofits and businesses in NC

Federal Solar Investment Tax Credits

Projects that commence construction before July 4, 2026 will qualify for the full credit, and must be placed in service within 4 years.

Projects that commence construction after July 4, 2026 will qualify for the full credit, and must be placed in service by December, 31st, 2027.

Depreciation Earnings​

Depreciation Earnings​

The option to deduct the full cost of business property (100% bonus depreciation) in the year it is placed in service has been permanently restored for property acquired after January 19, 2025.

USDA REAP Tax Exemption​

USDA REAP Tax Exemption​

Depending on the location of the property, the United States Department of Agriculture Rural Energy for America Program (USDA REAP) can provide up to a 50% rebate on the project costs.

Net Metering​

Net Metering​

Did you know that utility companies will buy your solar panel system’s excess energy? That means you can reduce electricity bills while also earning extra income

How you benefit from
solar energy incentive programs

Tax incentive programs give you the opportunity to embrace clean energy solutions, increase profit, future-proof your business or nonprofit, and significantly cut energy costs. Here are a few more advantages energy incentive programs offer commercial and nonprofit customers.

Benefits for commercial energy customers

Benefits for nonprofit energy customers

Why we are the #1 solar panel company

Last summer after purchasing a house in NC, I looked into getting a solar energy system with a battery backup. Quickly realized that the Tesla Powerwall 3 would be the best fit for my needs, so then looked into a good installer. Checked out a few, and 8MSolar stood out at the top with the best price for the Tesla Powerwall 3 as well as solar panels from Canadian Solar. I also needed a new main breaker panel as well as a new sub panel, and 8Msolar quoted for that as well with a highly competitive price. On the strength of the competitive pricing, good outreach, and numerous good reviews, I went with 8M. This was a large and complex installation (in my opinion), which ultimately included 2 Powerwall 3's, 2 additional Tesla battery expansion units, about 11kW of panels, a new 200 amp main panel, and a new 200 amp sub panel in the garage. The job took 2 days, however the team was large, worked hard, and honestly it was a massive undertaking with all the new solar circuits as well as a new 200 amp feed from the main panel to the sub panel. The quality of installation was superb, the conduits were run perfectly in alignment with clean bends, all the battery units aligned perfectly, and wiring inside the new panels was some of the best I have seen - perfectly straight with clean 90 degree bends into the breakers. These are things that are kind of behind the scene and maybe nitpicky and many may not care about but I do, and it is a demonstration of a quality ethic that extended through the entire job. The paperwork with the utility and county was all handled by 8M, and the system has been up and running for about 8 months now. I later added a Tesla Universal Wall Connector into the system and everything integrates seamlessly into the Tesla app which itself has great control capability. We have already experienced one power outage that put our home off grid and we maintained full AC, lights, and home function while the rest of the street was dark - and hot - and from my perspective the system paid for itself then and there. The only things I would perhaps have changed if I could would have been to add more panels and another battery expansion unit (or 2) to give us more off grid capability for power outages, and establish a separate circuit for the Universal Wall Connector that was outside of the Gateway so that there would not be battery drawdown when charging an EV. But that would have made the installation even more complicated and I didn't think about it until later. I should also mention that I had my system set up with the 64 amp per Powerwall setting - it requires a larger size wire and some other small changes but well worth it imo to have 128 amp output potential (if there is adequate solar). I also had 8M install the "critter guard" mesh screens, they did a super neat and clean installation for this, far better than I could have done myself after the fact and it keeps all the leaves and other junk away. Highly recommend 8MSolar, Tesla Powerwall, and Canadian Solar panels.
I had an excellent experience with 8M Solar from start to finish. The entire team was professional, knowledgeable, and responsive throughout the installation process. They took the time to explain every step, answer all my questions, and ensure I understood how the system would benefit my home. The installation crew arrived on time, worked efficiently, and completed the job with great attention to detail. The quality of the workmanship was outstanding, and they left the property clean after the installation was completed. What impressed me most was their customer service and commitment to making the process smooth and stress-free. The solar system is performing exactly as promised, and I am already seeing the benefits. I highly recommend 8M Solar to anyone considering solar energy. Their expertise, professionalism, and dedication to customer satisfaction truly set them apart.
The 8M was always very responsive and helpful to navigate through that process that seemed once overwhelming. The install smoothly and was accomplished all in one day. They did our good job cleaning up after the project. So far we're super happy with the solar panel install, Tesla powerwall 3, and generation capability. After a month of use, it looks like the 8M m models used to estimate yearly power will be right on. Thanks
I had heard pretty good things about 8MSolar, from my friend and relative. After getting the quote, I end up going with 8MSolar. I am glad I went with them. The service is exemplary, no one was able to beat their price in Concord, NC and their communication was quick and to the point. They took their time to explain me everything and were able to answer my every questions since it was a big investment. Installation and inspection were scheduled without any delay. I would surely recommend 8MSolar. Good job guys.
The experience with 8M Solar is one I would recommend to anyone looking to invest in offsetting their energy costs without the headache and hassle of dealing with the local utility companies. Their pricing and consumer experience are unmatched among their competitors. From inception of the project, everything including pricing, hardware, layout, permits, applications, and timelines were communicated promptly and thoroughly. While I did my own learning beforehand, the transparency of financial and technical information was impressive. Special thanks to Aaron, Rana, Christian, Edward, and several others are well earned and their expertise was appreciated. We paid for our system outright, and we are extremely satisfied with the results. Our solar installation covers over 80% of our energy usage so far, and I can rest easy knowing we will no longer be subject to monopolize energy rates in our area for decades to come.

Frequently asked QUESTIONS

Projects that commence construction before July 4, 2026 will qualify for the full credit, and must be placed in service within 4 years.

Projects that commence construction after July 4, 2026 will qualify for the full credit, and must be placed in service by December, 31st, 2027.

Credits for Energy Storage are subject to a phase-down schedule, and projects that commence construction by December 31, 2033 will receive full credit, which is reduced to 75% of the total in 2034, 50% in 2035, and 0% in 2036.

You can carry forward unused solar tax credits for up to five years. So, if your 30% federal tax credit is worth $5,000, and you owe $4,500 in tax credits, then you can carry the remainder forward to the next year.

According to the government, businesses qualify for the 30% federal solar tax rebate if their solar PV system is:

  • Used by a business that pays federal income tax
  • Used by a business located in the US
  • New and not used solar energy equipment
  • Not used for heating up a swimming pool

If you’re a commercial property or business owner, our solar experts can help you understand what tax credits you qualify for and how to avail of them. Just give us a call!

North Carolina solar incentives first started as a result of House Bill 589 in 2017. With this bill, clean energy advocates created a way to incentivize individuals to choose solar in North Carolina. The bill’s purpose is to minimize switching costs by offering local rebates for individuals seeking affordable clean energy.

Yes, Bonus Depreciation Permanently Restored: On a positive note, the option to deduct the full cost of business property (100% bonus depreciation) in the year it is placed in service has been permanently restored for property acquired after January 19, 2025.

Custom-designed
solar solutions

At 8MSolar, we approach commercial solar system design with an engineering first approach. When discussing your system with 8MSolar, you will not be talking to a salesperson. You will talk to actual licensed professional engineers (PEs) who have implemented dozens of similar systems throughout the US. They will be able to help you decide if your property is a good candidate for solar and design a complex system to perfectly fit the energy needs of your business.

Commercial solar panels are substantial electrical systems that need expert engineering knowledge. Trust the licensed professional engineers at 8MSolar to give you unbiased, independent design studies and help you deliver the ideal system for your facility.

Commercial Installation process

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solar power incentives can help
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