Tax Incentives for Solar
The federal government is doing their part to promote renewable energy, both on a commercial and a residential scale, through tax incentives. When you upgrade your home to solar with EnviSmart you are able to take full advantage of these tax incentives.
What are the solar tax incentives?
The Investment Tax Credit is a 30% federal tax credit for solar systems on residential and commercial solar installations. This credit is used when homeowners or business owners purchase solar panel systems outright and have them installed.
What do solar tax incentives mean to me?
Solar tax incentives translate to saving on your entire system! So not only are you saving money on your monthly energy bill, but the cost of your solar panels as well!
How long do solar tax incentives last?
Currently the 30% tax credit is set to expire at the end of 2016 unless extended like it has been before. If not, then the solar tax incentive is reduced to 20% the following year and 10% the year following that.
Are solar tax incentives complicated?
Not at all! At EnviSmart we make sure that you are confident and have everything you need to file.
With solar tax incentives responsible for an increase in annual solar installation growth by over 1,600%, it makes sense to install solar panels today and make use of this fantastic offer! You may even qualify for even more energy efficient rebates depending on your local legislation. Our trained experts will make sure that you can save as much money possible through all the various options. Schedule a Free In-Home Energy Assessment today!