Modified Accelerated Cost-Recovery System (MACRS) - 100% Depreciation
The Modified Accelerated Cost Recovery System is a method of depreciation that allows businesses to recover some of the costs associated with commercial solar panel installation through annual tax deductions. MACRS can help reduce the payback period for commercial solar by allowing businesses to choose either a 100%, first-year “bonus” depreciation, or a 5-year MACRS schedule. With MACRS, you can start profiting off your solar panel investment sooner.
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