Rural Monroe County businesses and farms can qualify for up to 90% funding for Solar Power installations

MONROE CO. – Two government programs, the Inflation Reduction Act and the Rural Energy for America Program (REAP), currently exist.

The Inflation Reduction Act provides a 30% tax credit plus a bonus of 10% depreciation, and REAP provides a 50% Grant. These programs can be used together to cover 90% of the cost of installing a Solar Panel System on a farm or rural business. This unique opportunity will not last long in today’s political environment.

The following is a link to more information about the REAP program at this link.

The following is a link to more information about the Inflation Reduction Act at this link.

Applying for Federal Government Grants can be complicated and intimidating. MPI Solar has a Grant and Tax Credit specialist who can answer any questions and prepare the Grant Application for you.

You can find a link to check your address for eligibility and get more information at MPI Solar Energy – Your Hometown Solar Pros.