Rural Monroe County Eligible for 90% Solar Power Funding

TL/DR –

The article announces that rural businesses and farms in Monroe County can qualify for up to 90% funding for solar power installations. This is made possible by two government programs: the Inflation Reduction Act and the Rural Energy for America Program (REAP). The Inflation Reduction Act provides a 30% tax credit and a bonus of 10% depreciation, while REAP provides a 50% grant.

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Monroe County Businesses and Farms Get Solar Power Funding

Rural businesses and farms in Monroe County may now avail of up to 90% funding for Solar Power installations. This is made possible through two government programs, the Inflation Reduction Act and the Rural Energy for America Program (REAP). The Inflation Reduction Act provides a 30% tax credit plus a bonus of 10% depreciation. On the other hand, REAP offers a 50% Grant. These programs can be used together to cover up to 90% of the cost of Solar Power installations.

This is a fantastic opportunity for those considering Solar Energy as an alternative power source. Not only can they benefit from the substantial savings on installation costs, but they can also reduce their carbon footprint and contribute to a more sustainable future.

For more details on how to qualify, please visit the Government Programs website.

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