The Tax Credit Explained

Receive a tax credit for up to 30% of the purchase and installation costs of a solar solution for your home or business. The full advantage of the tax credit can be claimed through 2019. In years following, the percentage of the credit rate will be reduced.

Tax Credit Rates

2019: Up to 30%

2020: 26%

2021: 22%

2022: 0% residential, 10% business

By 2022, the tax credit will be completely eliminated for residential owners and reduced to only a 10% credit for business owners. Do not delay! Act now to ensure that you don’t miss out on the exponential savings of solar installment. Some states and municipalities offer additional tax credits, incentives, and cash rebates. Ask your tax consultant about the incredible tax benefits of sustainable solar energy.

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How to Finance Solar Panels
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