The US Congress recently extended the Federal Solar Investment Tax Credit (ITC) that homeowners can use to offset the cost of Solar Panels Installation*. You could be eligible for Zero Out-of-Pocket installation fees.
Reduce your carbon footprint by switching to a renewable, eco-friendly, self-sufficient energy source. Solar panels contribute to a sustainable future without polluting mother nature.
Traditional electricity relies on limited sources making it a volatile market. The decrease in the cost of solar panels makes it affordable and the Sun will never increase its rates!
According to studies performed by L. Berkeley National Laboratories funded by the US Department of Energy, homebuyers are willing to add an average of $24,000 to the home value.
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*Consult your tax advisor for details on the ITC and how it applies to your specific circumstances
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The solar Investment Tax Credit (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. The ITC is a 26 percent tax credit for solar systems and installation costs in residential and commercial properties. It is a dollar-for-dollar reduction in the amount of income tax you will otherwise owe. The ITC was extended until 2022 at 26% and it will be reduced to 22% in 2023. Hurry and take advantage of it now!
Disclaimer: This guide provides an overview of the federal investment tax credit for those interested in residential solar photovoltaics. It does not constitute professional tax advice or other professional financial guidance.
