There are countless possibilities for solar energy use throughout Louisville. Kentucky has good solar resources, making the state a prime candidate for increased solar power. Homeowners can install roof systems to supply some, or all, of their home’s energy needs. In fact, a system can end up supplying more energy than a home needs. Excess energy gets put back into the electric grid, and the homeowner gets a credit on their bill. Businesses can see incredible cost savings through the use of solar systems. Giant buildings with their huge, flat roofs may seem like obvious candidates for solar power, but smaller businesses can benefit as well. Local brandy distillery Copper and Kings is an example of this.
An example group with large, flat roofs is the public school system in Jefferson County. Across the country, more and more schools are installing solar systems — the number of schools with a system is currently over 3,000. Thousands of other schools and districts would benefit from a system: beyond the energy savings to help to offset the many other costs schools face, having a solar energy system in place provides an invaluable potential learning experience for students.
Louisville, Perma-liner Industries has some exciting information that must be shared now as time is of the essence! It’s the Section 179 Deduction. This allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves. Still reading this?? Give us a call so we can offer you our very best products and services now. 1-866-336-2568/ www.perma-liner.com.
Section 179 is one of the few incentives included in any of the recent Stimulus Bills that actually helps small businesses.
