With solar carports surging in popularity, Tax & Business Partner Joel Berenson breaks down the solar energy credit for The Mann Report.
The Mann Report
By Joel Berenson, Partner, Tax & Business
In pursuing a net-zero carbon economy by 2050, the rapidly growing trend of solar carports is gaining traction in urban landscapes. Fueled by reduced solar panel costs, generous tax credits and accelerated depreciation including bonus depreciation, these innovative structures have transformed everyday parking lots into powerful, eco-friendly energy farms.