You have the opportunity to buy a solar refrigeration unit (known as a reefer in the food industry) that generates power from the sun. You own 100% of this unit that is designed to compete with the current technology of diesel-powered reefers. It takes as much diesel in a 24-hour period to power the diesel-powered reefer as the tractor truck that pulls the food trailer. So, food companies can cut their diesel bill in half by switching to our solar-powered reefers. The solar reefer cools much better than a diesel-powered reefer and results in improved product quality and reduced spoilage of the food transported in refrigerated food trailers.

In the food industry, normal life span for a food trailer or diesel-powered reefer is 10 years.

The large companies who pay for the power generated by a solar-powered reefer are responsible for all insurance on the reefer.

Advanced Energy Machines (AEM) the manufacturer is responsible for ALL repairs, including parts, labor, and training at the food distribution centers for the entire period of the Power Purchase Agreement. The investor is only responsible for his initial investment.

There is risk in any investment, but you are at the intersection of food and energy. People will always need to eat and companies are always interested in cutting their fossil fuel bill. There is one reefer required for every 750 people in North America.

In 2020, you will receive the same 26% solar tax credit as your neighbors who put a solar system on their residential home. However, because this is business equipment, you will qualify for either depreciation or Section 179. Section 179 allows one to deduct the cost basis in the year the equipment is “placed in service” instead of having to depreciate it over a number of years. AEM does not act as your private tax lawyer, CPA, or advisor; and so please see your own tax preparer for any personal questions.