GeoPeak Energy provides its customers with low-risk, high yield renewable energy investments.
Through proven financial models, GeoPeak Energy makes renewable energy solutions affordable and accessible for corporations, government agencies, and utilities. We minimize upfront project installation costs, thereby eliminating the most significant barrier to the widespread adoption of renewable energy solutions.
Low-Risk, High-Yield, Sustainable Investments
Governments across the globe are acknowledging the positive environmental impact of renewable energy solutions and are working on increasing the economic feasibility for these projects by offering financial incentives. The United States is offering a 30% federal tax credit to reduce implementation costs. Several US states have additional incentives to further reduce implementation costs. GeoPeak Energy is strategically positioned to leverage these incentives for our customers.
Renewable energy solutions are a significant source of income. The New Jersey Clean Energy SREC Program offers a Solar Renewable Energy Certificate (SREC) for every megawatt of power generated through solar installations for a period of 15 years. These SRECs are traded on an open market and provide income in addition to the electricity savings generated by the system.
Financial IncentivesGeoPeak Energy is strategically positioned to leverage federal, state, and local incentives, minimizing the upfront cost of renewable energy solutions for our customers. These incentives reduce implementation costs up to 60%.
30% Federal Tax Credit on Solar
The Federal government offers a 30% tax credit to help offset the implementation cost of renewable energy solutions.
Federal Incentive: Accelerated Depreciation
Under the Modified Accelerated Cost-Recovery System, businesses may depreciate their system on an accelerated schedule.