Solar Tax Credit & Rebate Programs
If you decide to install solar panel system, you should know that there many
financial helps provided by the government and by a lot of utility companies
propose rebate programs to purchase your excess of electricity production.
On top of this measures some cities propose more helps.
We know how frustrating it’s when you want to get simple and clear information
about all reduction cost of a solar system installation. That’s why we create
this section to give you access to all information you need to install your
system with the maximum helps you can get to reduce the installation cost.
With all the advantage offered to you can save up to 50% on your solar
installation.
Let’s start with the first advantage available for every state.
Federal Tax Credit
For the for every American homeowner and even business owners the U.S Treasury IRS allow a tax credit of 30 % on the total cost, including both the equipment and installation with no limit. If we consider the average cost of an installation is around 20,000 $, the amount of the advantage is 6,000 $. And if you have more credit than you owe in tax, you can carry it over and use it to defray next year's federal tax bill during 8 years.
In Your State
A lot of states also propose rebate programs and other kind of incentives to help you to install your solar system.
Put your cursor over the illustration below to choose your state and information concerning you. You will know which utility companies propose something and if there is property or sales tax exemptions in your state.
