Categories
-
Recent Posts
-
Innovative Solar Systems, LLC
1095 Hendersonville Rd.
Asheville, NC 28803
Phone: (828)-215-9064
Fax: (828)-684-4542 Follow Us!
Contact Us
At Innovative Solar Systems, LLC (ISS) our principals were recently shocked to find out that one of billionaire Warren Buffet’s subsidiaries has just announced plans to purchase a 550 MWH solar farm to be built inCalifornia. In the past, Warren Buffet’s companies have included insurance companies and other core businesses like railroads but have not involved solar systems. Obviously, Warren realizes that PV (photovoltaic) solar systems will be required for many states to meet their mandated renewable energy targets in the future. In addition, with income derived from tax subsidies, PPAs (Power Purchase Agreements) and RECs (Renewable Energy Certificates), a very stable business model can be built.
At ISS our principals still believe that while some large Photovoltaic solar farms will be built, we believe that smaller solar systems in the 1 MW range will be more commonplace. The smaller solar farms require less permitting and approvals and can be designed and installed much quicker. In addition, smaller solar systems don’t require access to large high voltage transmission lines and can be installed most anywhere that 3 phase power lines are available. Smaller type commercial grade solar systems will become more common.
The principals at ISS believe that 800 KW- 1 MW solar systems provide the most “bang for the buck” and fit into the investment strategy of many high income individuals and C-Corporations that can utilize the tax credits effectively. Even if the federal government doesn’t extend the successful 1603 grant program beyond the end of 2011, the existing 30% tax credit program works just as well for most C-Corporations and should continue for several more years. Call the principals at ISS to find out how you can invest like Warren Buffet on a smaller scale and still generate a reasonable return on your investment.
Innovative Solar Systems, LLC
1095 Hendersonville Rd.
Asheville, NC 28803
Phone: (828)-215-9064
Fax: (828)-684-4542
Solar Systems – Renewable Solar Energy – Solar Solutions – Solar Farms – Solar Panels – Solar Power – Commercial Solar Systems –
Benefits of Solar Energy – Solar Power Study – Solar Due Diligence – Solar Feasibility
DISCLAIMER: Innovative Solar Systems, LLC is not a certified public account, licensed financial advisor or a licensed attorney. This information is intended to explain the availability of certain tax credits and other benefits arising out of the installation of a solar energy producing assets. Actual tax benefits will vary depending on specifics surrounding the end user or owner. This information is not intended as legal, financial or tax advice with respect to our available solar projects. Please consult your accountant, financial advisor or attorney for advice with respect to any tax matters or returns related to material contained herein.