I'm Jack Speyer, co-owner of White Fences Equestrian Center, situated just outside of Austin. When JKRenewables presented their solution, it sounded almost too good to be true. They explained the benefits:
- 50% Tax Credit,
- A significant reduction in taxes over the next twenty years,
- Along with the Reap Grant (Rural Energy for America), offering substantial grants (30-50%) for ranches and small businesses, covering a significant portion of installation costs.
These combined incentives could potentially cover 80 to 100% of the total system cost. In addition, you will be able to record for depreciation for the entire system cost, across one to seven years.
We proceeded with the system, experiencing a seamless process—from contract signing to complete installation in five weeks, followed by an additional two weeks for seamless integration with the utility company. Placed atop our covered arena, the system remains unobtrusive, visible only from specific angles. Our electricity savings amount to about $1,000 per month, alongside significant tax depreciation, resulting in 100% cost coverage in our scenario. I was so impressed, I joined the company and can help you save money as well.