Michigan Solar Energy Incentives (Updated for 2023)
Michigan’s cold winters and hot summers contribute to outsize energy costs for Michigan businesses. Luckily, Michigan offers solar tax credits and rebates to help organizations across industries mitigate energy-related expenses and meet their climate commitments.
A Brighter Future
Business leaders across the state are benefiting from onsite energy generation. Producing electricity at your facility can limit exposure to energy price volatility and unanticipated costs. The state provides several commercial solar incentives to help Michigan businesses make the switch to alternative energy generation.
Ready to get started? Learn about our commercial solar services.
USDA Reap Grant
Available in most states, the US Department of Agriculture offers the Rural Energy for America Program. This effort is designed to help agricultural operations apply for and receive loans to fund energy upgrades.
Federal Solar Tax Credit for Michigan Businesses
The inflation Reduction Act extended the Federal Solar Tax Credit through 2032, giving Michigan businesses a 30% credit to cover any solar panels installed each year. The Solar Tax Credit remains one of the most flexible and useful resources to fund commercial solar projects.
The Michigan PACE Program
PACE allows commercial and industrial organizations to access competitive financing that covers most energy efficiency upgrades, including the installation of a solar project. While there are some steps to worth through, the PACE program is a smart way to make impactful energy changes. Note that PACE program projects require a $10,00 initial investment to get started.
Each of these programs could provide the financing your organization needs. We’ll help you find the right programs, apply and access funds, plus complete installation! One call, one partner, one project. That’s how we’re making solar energy easy in Michigan.
Solar Panels in Michigan Make Sense
Depending on the system, your energy consumption and your goals, solar power can play an important role in lowering your electricity bills and emissions. When you work with Keen Technical Solutions, you’ll get an experienced consultant who will help you every step of the way. From audit to installation, we’re your commercial energy experts. Speak with a Keen energy consultant today.