New Low-Interest Financing Programs for Dynapower Energy Storage Systems!
Dynapower is proud to announce brand new low-interest financing programs for our energy storage systems, such as the MPS®-i125 EHV. Whether you’re in the market for reliable energy storage inverters or a new fully integrated behind-the-meter storage system, Dynapower can get the job done right and fulfill your energy storage needs.
In order to get you the energy storage system you need now—Dynapower has partnered with the Lease Corporation of America to create a low interest financing program for our energy storage systems.
This program allows you to take advantage of IRS Section 179 and deduct 100% of the equipment cost in the first year that you put the equipment into service. You can get an estimate of your potential savings through this simple deduction calculator.
Benefits of Leasing Your Energy Storage System
- Get the full energy storage system you need NOW
- Pay for it later over a 12-month period
- Finance equipment purchase, installation and training in one lease
- $1 buyout option gives you full ownership of the equipment at lease end
- Simple application and approval process
- Start using the equipment now to help pay for itself through its use
About Our Energy Storage Systems
Designed for commercial and industrial facilities, the MPS®-i125 EHV combines a 125kW behind-the-meter energy storage system with Li-Ion batteries in a temperature controlled NEMA 3R-rated battery enclosure. This system can be used in both grid-tied and microgrid applications and features Dynapower’s proprietary Dynamic Transfer™ which—in the event of a grid disturbance—seamlessly switches a facility from grid-tied to battery backup power
The MPS®-i125 EHV is a highly compact integrated system—which makes it easily deployable on a concrete pad, crushed stone or on the ground with a forklift and minimal labor, reducing system installation costs for integrators and system owners.
Taking Advantage of IRS Section 179
Section 179 of the IRS tax code gives businesses the ability to deduct the full purchase price–up to $1,000,000—of qualifying equipment purchased or financed during the tax year.
In other words, through this tax incentive, you would be able to deduct the full purchase price of your new energy storage system from your gross income for the year—which could result in massive savings.
Here’s How It Works
For businesses purchasing new equipment, the depreciation is usually written off in chunks over a long period of time. With Section 179, 100% of the equipment cost can be written off during the same year you buy it and put it into service. This allows businesses to get the equipment they need now while seeing $1000s in potential tax savings.
Let’s look at an example of potential Section 179 savings with an equipment cost of $1,500,000 and a 21% corporate tax rate:
- Section 179 Deduction – $1,000,000
- 100% Bonus Depreciation – $500,000
- Total 1st Year Deduction – $1,500,000
- Federal Cash Savings – $315,000
- Lowered Cost of Equipment – $1,185,000
About Lease Corporation of America
Founded in 1988, LCA has financed over 88,000 leases in all 50 states and Canada. Located in Troy, Michigan, LCA has helped finance over $1.2 billion of original equipment cost under the guiding principal of “financing you can trust.”