LightWave Solar has helped hundreds of businesses upgrade their facilities with solar. You can rely on our commercial and industrial solar expertise for turnkey installations, from roof-mounted arrays to ground-mounted arrays, as well as highly-visible solar parking canopies.
Climb Nashville 50kW
I loved working with LightWave and would highly recommend them to any small business owner!
– Lance Brock, Co-owner
Life Data Labs 282KW
This solar power plant is the next innovative step to improve the efficiency of our manufacturing process. – Dr Frank Gravlee, Founder
Nissan Parking Canopies
These solar-assisted EV charging stations demonstrate our dedication to a zero-emissions society. – Carlos Tavares, former Chairman
LightWave Solar provides thorough site analysis, custom options, and detailed financial data to create your commercial solar proposal.
The IRS offers two tax incentives for commercial and industrial solar projects. Taken together, they can reduce solar project costs by about 45% within the first year!
26% Federal Investment Tax Credit (ITC) is available for commercial solar systems under construction by 12/31/20. To be considered “under construction” in 2020, the project can have started physical work or have incurred at least 5 percent of the total cost. The tax credit amount is uncapped and equal to 26% of total solar project cost. For projects started in 2021, the tax credit drops to 22%.
Modified Accelerated Cost Recovery System (MACRS) is a method of depreciation in which a business’s investments in solar property can be recovered through tax deductions. MACRS benefits can be taken all in the first year of system operation and equal up to 20% of total solar project cost.
USDA Rural Energy for America Program (REAP) Grant covers up to 25% of total solar system cost for agricultural producers located in any area and small businesses located in rural areas.
Tip: Gather past electric bill history for your location(s).
Why our clients choose us:
Over 45MW of solar PV systems installed
14 years of high performing solar systems and happy clients
9 NABCEP-certified Solar PV Professionals on staff, more than any other company in the Southeast
Staff of electrical and mechanical engineers with over 75 years of combined solar experience
Founding member of Amicus Solar Cooperative and Amicus O&M Cooperative