#### Bonus Depreciation: What You Need To Know | EnergySage

From there, the tax benefit you receive is based on your corporate tax rate, i.e., 30 percent or 37 percent. So if your solar panel system costs $100,000, the ITC is at 26 percent, and your corporate tax rate is 37 percent, then the depreciation benefit will be $32,190 in the first year: $100,000 (the cost of the system) * 87 percent (the value ...