Thinking of going green? It’s a good decision: electric mowers produce zero emissions, use no gas, require very little routine maintenance, and are so quiet you can barely hear them fifty feet away. Your planet, and your customers, will thank you. So will your budget. While generally a bit pricier initially, you can pay yourself back with much lower ownership costs — and even a healthy tax credit.
Money Back in Your Pocket
Some cities have gas mower exchange programs. How do they work? You exchange your gas-powered mower for an electric model. The gas guzzler is scrapped, and you get a rebate. Usually this is between $100 and $250, depending on the retail price of the electric mower you’ve purchased.
When you opt for an electric mower with solar capability, for example, you may qualify for a 30% Federal Solar Tax Credit. No, this is not a deduction. It’s a credit, or money in your pocket.
Say that you purchase a battery for your commercial electric mower (cost: $16,800) and a solar canopy for clean, efficient energy assistance (cost: $1649). The total cost is $18,449. If you are eligible for the tax credit, you can recoup 30%, or $5535.
Now, as of current tax law, the battery itself is not considered renewable energy because you can charge it with grid electricity. The tax credit comes in when you charge it with renewable energy, such as the S.A.M. Canopy.
Credits can significantly reduce the upfront costs of purchasing an electric lawn mower. But don’t forget about the ongoing savings. Switching can save you about $8 per hour of operation. If you mow four hours a day, that’s $32. Not too bad for a day’s work, and it quickly adds up over the course of the years that your durable mower will provide service.
Making the switch to electric is a smart move in more ways than one. From saving the environment to saving money, your electric mower will deliver a terrific return on investment. Locate a dealer near you, and make the switch!
Mean Green Products, LLC and any associates are awesome mower builders, but we are not professional tax or legal advisors. As such any information provided on any page of this flyer/website regarding possible energy tax incentives (credits, grants, rebates) is not to be construed as a guarantee of any kind of the applicability or eligibility for Federal and/or State tax incentives (credits, grants, rebates) for your particular project. Nothing contained herein is to be considered or to be relied upon as professional tax or legal advice. Please consult with your professional tax or legal advisor for the applicability and eligibility for Federal and State energy tax incentives for your situation.