Solar Power for Condominiums

The thought of adding solar panels to a multi-unit condominium building may have once seemed formidable.  I want to debunk the myths associated with generating solar power on condo buildings.  While a little more challenging than a single-home residence, putting solar on your condominium may be more realistic and financially advantageous than you once thought.

Typically, a multi-unit condominium building has a Homeowner Association (HOA) or condo management association that manages the appearance of the property and maintains the common areas.  HOAs are typically incorporated and regulated as a non-profit corporation.  HOA fees generally include common area utilities, landscaping, snow removal, exterior building maintenance, and a master insurance policy.  However, HOA fees can also include major capital improvements, like the purchase of a solar electric system.

Condos can take federal tax credit for solar.

One of the largest incentives for a solar electric system is the Residential Solar Investment Tax Credit.  This is a personal federal tax credit for residential installations where a taxpayer may claim a tax credit of 30% on qualified solar electric expenditures.  Since HOAs are set up as non-profit organizations, you would think they would lose out on tax credit incentives.  This is not the case.  According to SEIA, when the condo management association “spends money on installing qualified solar property, each member of the association can claim the residential solar tax credits on his or her share of that spending.”  The condo management association must be eligible as a HOA under section 528(c)(1) of the tax code and most of the units in the building must be owner occupied to qualify.

Condos are also be eligible for the Massachusetts solar tax credit.

In general, this works the same for a state tax credit for solar power systems.  In Massachusetts, taxpayers can receive a 15% personal tax credit, up to $1,000, on eligible solar expenditures to the owner or tenant of a residential property.  Massachusetts state regulations state that “an individual… who is a member of a condominium association with respect to a condominium which he or she owns, may claim a proportionate share of the renewable energy source expenditure of such condominium association or cooperative housing corporation. A cooperative housing or condominium unit will be treated as a “principal residence” for purposes of the $1000 credit limitation.”

Tax credits are only one of many solar incentives that condo management associations and HOAs can leverage.  Coupled with rebates and Solar Renewable Energy Credits (SRECs), it has never been a better time to make an investment in solar power.  We are currently working with several condominiums in the metropolitan Boston area and the economics of purchasing a system are excellent.  In the past, HOAs thought the only way they could benefit from solar power is a leased system.  If condominiums unit owners can purchase a solar energy system, the payback on their investment is even better.

Brightstar Solar is a licensed Massachusetts solar installer who has experience working with condominiums and property managers.  We can work with your condo association to maximize incentives, navigate the installation process, and manage the rebate and permitting paperwork.  Please contact us for a complimentary solar evaluation of your condominium and financial breakdown of a solar investment for individual unit owners.

9 thoughts on “Solar Power for Condominiums”

  1. Pingback: Tweets that mention Solar Power for Condominiums — BRIGHTSTAR SOLAR -- Topsy.com

  2. Pingback: Solar Power for Condominiums — BRIGHTSTAR SOLAR | Solar Power How it Works

  3. OUR CONDOMINIUM FACILITY HAS 6 METERS FOR COMMON STREET LIGHTING WE BURN 71000 KWH/YEAR.
    SHOULD WE CONSIDER SOLAR ?
    HOLDEN, MA.

  4. Hi – I am interested in someone checking out our proprety to determine if solar panels would be beneficial.

    Thank you.

    Laura Locke
    Property Manager

  5. As one of the most accomplished martial artists in Hollywood,
    White has a black belt in seven totally different disciplines, making
    him an professional at health and fighting.
    For the pull-sessions, he tends to attempt to to a dynamic stretch, ten minutes with the
    bounce rope and 3 units of ten push-ups every. Ensure
    that the palms face forward; this can be the beginning position. Raise the
    dumbbells upward, nearly permitting the ends to the contact, Repeat 4 units with fifteen, 10, eight, and 5
    reps, adding weight whenever as acceptable.
    In faculty time Michael wants to have a profession in Hollywood and he began to
    audition for the position of commercials adverts. Michael has carried out
    numerous movies some of them really have an excellent field workplace field collection. He also tries comedic films like Exit wounds, silver hawk, blood
    and bone, and black dynamite, etc.
    Now nicely into his forties, he continues to work out intensely to
    maintain up his superb physique. He also works hard to take care of his flexibility and pace,
    combining components of bodybuilding, athletics and martial
    arts training into his regime. Creatine is amongst the hottest dietary supplements utilized by athletes and bodybuilders to
    extend their general muscle mass. It works by providing additional vitality to muscle tissue in order that they’ll work more durable for longer
    intervals of time. Michael Jai White makes use
    of creatine to assist construct up muscle mass shortly as part of his exercise routine.
    Michael Jai White has all the time been enthusiastic about martial arts.
    His coaching program also consists of some days the place he exclusively practices his martial arts abilities.

    Michael Jai White is a true drive to be reckoned with in the leisure industry.
    With a career spanning over three decades,
    this multi-talented actor, producer, and martial artist has amassed a formidable
    web worth that is solely expected to continue rising
    in the years to return. There are eight totally different workouts within the white again routine and biceps.
    It also curbs cravings, boost metabolism and helps you are feeling happy.
    He combines train, food plan, and mindset to defeat his opponents.

    He needs to meet his fighting weight of 170 lbs., he cuts out carbs and hits the greens and lean protein exhausting for 4 days leading up to
    his weigh-in. As soon as he steps off the scale, he goes back to carbs so he can regain his weight earlier than the fight.

    Integrate diversified actions into your routine to remain lively
    on non-weight coaching days, drawing inspiration from the various coaching of monitor athletes.
    White does many martial arts-type exercises as a half of his slicing workout
    plans, which entails a lot of training in various martial art colleges.
    That shows in his struggle scenes which might simply compete
    with Donnie Yen. White hits the fitness center
    three days every week, complementing his regimen with outdoor cardio or extra sessions as
    wanted for roles. Michael Jai White is a busy actor who has featured in motion pictures like By No Means
    Back Down 2, Mortal Kombat, Cops and Robbers, Black Dynamite 2, and numerous TV spin-off
    collection. What I found most spectacular about Michael is that he has a black belt in 7
    totally different martial arts disciplines.
    St-Pierre also has 2 protein shakes each day, and provides a greens supplement and blended
    berries for extra diet and flavor. Michael Jai White avoids meals that might
    hamper his fitness targets and which might function empty calories.
    This keeps him energized throughout the day and retains him pumped up whereas understanding.

    He moreover focuses on the branched-chain amino acid complement, generally taking it in water throughout the day.

    In conjunction with that, he drinks 2 protein shakes every day.
    Nevertheless, he’ll eat actual meals, preferring to urge most of his vitamins by
    way of food plan as a substitute of supplements.

    Different than when he is slicing, he all the time stays
    hydrated with plenty of water. St-Pierre suffers from ulcerative colitis, an inflammatory situation that can cause
    critical issues. Nonetheless, we’ve yet to determine the exact workout routine of Michael Jai, but taking a look at his curiosity, similar to being an avid martial artist,
    exercise and physical fitness has been attributed majorly
    to his life. Michael Jai White works out five days per week with Thursday and Sunday being off days.
    In the morning, he has cardio periods that often stretch to forty
    five minutes.
    It’s not an exact science and will rely on your body, age,
    weight, and metabolism, which is why you may need to speak to a dietitian to get
    the proper mixture of diet and train routine. Following White’s three-days-a-week health club routine,
    I’ve discovered an ideal balance that enables my body to relaxation and get well.
    The addition of outside cardio keeps each week exciting and challenging.
    Michael Jai White is famend for his martial arts expertise
    and incredible physique, evident in his motion movie roles.
    White focuses on getting his branched-chain amino acid dietary supplements in,
    usually taking it in water throughout the day.

    References:

    are steroids worth the risk (actsolution.iptime.org)

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top