In this week’s podcast we discuss the upcoming changes in the depreciation benefit for commercial solar projects. Assuming a $100k project, the amount that is depreciable is $85k, multiplied by the federal tax rate of 21% = $17,850. Starting in 2023, that amount drops to $14,280. Make sure to consult with your tax professional if you plan to complete a commercial solar project in the next 12 months.
About Jamie Duran & Solar Harmonics
Brought to you by Solar Harmonics in Northern California, who invite their customers to “Own Their Energy” by purchasing a solar panel system for their home, business, or farm. Here, you can check out the website for the top solar energy equipment installer, Solar Harmonics.
In each episode we discuss questions facing people making the decision to go solar. The solutions to your questions are given to you – straight – by one of the leading experts in the solar industry, Jamie Duran, president of Solar Harmonics.
Have a question about solar? Chances are Jamie’s answered it in our searchable podcast library!
About Adam Duran & Magnified Media
Solarcast is produced and co-hosted by Adam Duran, director of Magnified Media. With offices in downtown San Francisco & Walnut Creek, California, Magnified Media is a digital marketing agency focused on online marketing, local and national SEO, website design and lead generation for companies of all sizes.
Magnified Media helps company leaders master their marketing by:
• getting their website seen at the top of Google rankings, and
• getting them more online reviews,
• creating media content that engages with each client’s target audience.
In his spare time, Adam enjoys volunteering on the board of several community-based non-profits and hosting his own weekly podcast Local SEO in 10.