We specialize in strategic solar investments that deliver powerful tax savings, financial flexibility, and the opportunity to support America’s clean energy future.
Our two flagship programs—Illuminate and Luminara—are designed to help high-income individuals and business owners leverage solar tax incentives while aligning with their financial goals.
Two Proven Programs for Maximizing Your Solar Tax Benefits
At Hancock Martin and Wilson Hand, we empower high-income individuals and business owners with compliant, strategic solar programs designed to deliver substantial tax benefits while supporting U.S. renewable energy. Our Illuminate and Luminara strategies leverage investments in custom-sized solar carports located in qualified energy zones, allowing participants to access up to 50% Investment Tax Credits (ITC), accelerated depreciation under Sections 179 and 168(k), and potential long-term asset value. These programs are tailored to reduce taxable income significantly—often turning a tax liability into net cash gains—all while meeting IRS material participation requirements through a simple LLC structure.
Luminara
Luminara offers full ITC retention for those preferring maximum credit flexibility and carryback options.The Luminara program is perfect for participants seeking a higher immediate tax offset while maintaining full control of their credits. You contribute about 60% upfront, with the remaining balance financed. Maximum Tax Control: Deduct up to 100% of the depreciable basis in the first year. Keep Your ITC: Retain the full 50% ITC to apply to your tax return — with the option to carry it back three years for additional savings. Material Participation: Fulfill the same 100-hour participation requirement for full eligibility.
ILLUMINATE
Illuminate is ideal for those seeking a lower upfront commitment with immediate debt reduction. Participants contribute 20% upfront, while a third-party loan covers the remaining cost of your solar carports. Immediate Tax Savings: Deduct up to 100% of the depreciable basis in year one through Section 179 and bonus depreciation. 50% ITC Benefit: While the majority of the Investment Tax Credit (ITC) is applied toward your loan balance, you keep a portion to offset your tax obligation. Material Participation: By completing 100 hours of active participation, you maximize your eligibility for same-year deductions.
Which Path is Right for You?
While both strategies provide access to 100% bonus depreciation and 50% ITC on qualified solar assets, they differ in cash requirements, credit handling, and overall impact. Illuminate minimizes initial outlay for quicker entry, using credit transfers to reduce debt, whereas Luminara maximizes retained credits for broader tax planning.
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Take Control of Your Taxes Today
Contact our expert team for a complimentary tax savings analysis and begin optimizing your wealth with proven solar strategies—act now to maximize your benefits before year-end deadlines approach.
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