Incentives

Incentives

At CGS Commercial we specialise in qualifying you for government grants and incentives. We will endeavour to reduce the capital outlay of your solar PV system, thus maximising your return on investment.

With the numerous government rebates and incentives related to renewable energy sources available today, investing in solar power has never been better. Decrease initial investments and accelerate your return by taking advantage of small and large energy certificates (STCs and LGCs), feed-in-tariffs and other federal and state rebates. You may also generate revenue by selling your power to your electricity retailers.

Currently, manufacturing organisations as well as food and foundries have access to the AusIndustry, Clean Technology Investment Program (CTIP) Funding. This limited and competitive grant can give qualified applicants the ability to receive up to 1:1 dollar matching on their solar investment and funding of up to $500,000 for your organisation.

Tax Advantages

There are huge tax and depreciation advantages in purchasing a commercial solar PV system for your business. If your company is liable for a carbon tax, a solar PV system will reduce the amount of tax payable due to the reductions in your carbon emissions. Your business may also be able to claim a tax deduction on your investment in a solar PV system.

Please contact your accountant for financial tax advice that is specific to your business.