Welcome to Green Wave Solar, where we make going green easy and rewarding. Whether you're a homeowner looking to reduce energy bills or a business striving for sustainability, we have the solutions you need. Take advantage of our expert services and the numerous solar panel incentives available.
Investing in solar panels for your home or business has various incentives that make the decision even more appealing. Here are a few key benefits:
Tennessee Valley Authority Dispersed Power Program
Net Metering Programs
Net metering allows you to sell any excess electricity your solar panels generate back to the grid. This can result in credits on your utility bill, further reducing your energy costs. The specifics of net metering programs vary by location, but they generally provide a substantial financial benefit.
Renewable Energy Certificates (RECs)
Renewable Energy Certificates (RECs) represent the environmental benefits of generating one megawatt-hour (MWh) of electricity from a renewable energy source like solar. By earning and selling RECs, homeowners and businesses can gain an additional revenue stream while contributing to reducing greenhouse gas emissions.
Accelerated Depreciation for Businesses
For businesses, the Modified Accelerated Cost Recovery System (MACRS) allows for accelerated depreciation of solar energy systems. This means companies can recover their investment more quickly through tax deductions, enhancing the financial viability of going solar.
Safe Harbor is an IRS provision under the Investment Tax Credit (ITC) that allows solar customers to preserve the tax credit of a given year by demonstrating that construction on a project has begun. The key question is how the IRS defines “beginning construction.” There are two ways to qualify:
Incur 5% of Total Project Cost
Known as the Five Percent Safe Harbor Test, this method requires incurring at least 5% of the project’s total cost on qualifying equipment (e.g., solar panels, racking, inverters).
The exact requirements depend on the project owner’s accounting method, but typically title transfer of the equipment must occur within the qualifying year.
While 5% is the minimum, many developers recommend purchasing solar panels (often the largest cost component) to both secure equipment pricing and ensure compliance.
Begin Physical Work of a Significant Nature
Alternatively, a project qualifies if meaningful construction activities—such as excavation, foundation work, or equipment assembly—begin before the deadline.
Preliminary activities like permitting, financing, or site surveys do not qualify.
Referral Program
Local Discounts
Veteran's Discounts
Veteran's Discounts
From residential installation to maintenance, we help homeowners harness the sun's power.
Tailored solutions for businesses aiming to cut costs and promote sustainability.
Top-quality panels installed by certified professionals.
State-of-the-art solar inverters and batteries.
Ensure your home or business has power when you need it most.
Keep your system running smoothly with our reliable repair services.
Charge your electric vehicles sustainably with our solar-powered charging stations.
We specialize in providing solar panels for your home, ensuring you receive efficient and reliable solar power that reduces energy costs and environmental impact. Our residential solar power services are designed to seamlessly integrate with your lifestyle, offering sustainable energy solutions tailored to your specific requirements.
We deliver comprehensive commercial solar projects for business owners, including installing high-performance solar panels on business properties. Our commercial solar solutions help businesses significantly reduce their energy bills, enhance corporate sustainability efforts, and improve operational efficiency.
As a NABCEP-certified company (North American Board of Certified Electrical Practitioners), we ensure the highest standards of expertise and professionalism in every project.
Save more with our big order discounts, designed to provide substantial savings on large-scale residential solar power and commercial solar panel installations.
Our Referral Program rewards you with $500 for every new client referral, making it a win-win for you and your network.
We offer flexible financing options to make solar energy for homes and businesses accessible and affordable for everyone.