Benefits
Federal Tax credit
Lowered carbon footprint
Increased property value
Energy Savings
Become independent from the power companies by becoming your own power plant.
Residential solar panels are connected to the grid.
Use Federal Tax credit, energy savings, rebates and other tax incentives to offset electrical bill for the first 5 years.
Shield yourself from high rate hikes.
Revel in increased property value.
Lower your carbon footprint.
Timeline for the federal tax credit for residential and commercial solar electric installations, also known as photo-voltaic systems:
30% for systems constructed by 12/31/2019
26% for systems constructed during 2022
22% for systems constructed during 2023
No plans yet for residential systems placed in service after 2023
Commercial systems can still receive 10% after 2021
* Please note that legislation allows this tax credit as long as the construction of the system begins, and as long as it is operational by December 31, 2023. Source: energysage.com