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Get a brand new AC system for your home powered by solar for only $99/mo. Make your home’s air conditioning the most comfortable AND the most efficient it can be and even cut your electric bill by up to half! Call today!
AZ: (520) 729-9200
NM: (505) 393-8200
Solar Financing
When trying to finance your new Solar Panels there are multiple ways to do so. First, by using the solar tax credit, you gain a 30% tax credit on the installed cost of your solar panels, as well as a federal tax credit equal to 30% of the cost of your system’s installation. To qualify, you need to meet certain requirements, such requirements must be owned by an individual taxpayer rather than a business or corporation, and the energy produced from the solar system must be used regularly by the taxpayer.
The IRS offers the Federal Solar Tax Credit, which allows you to deduct 30% of the cost of purchasing and installing solar panels to generate electricity! The 30% tax credit is designed to encourage you, the homeowner, to go solar. The IRS created the solar tax credit for people who want to invest in solar energy.
The cost of installing solar is dropping dramatically, but the tax credits you can get for installing solar are based on the cost of equipment. As costs have come down, so have our tax credits for installation of residential solar electric systems, including the labor costs for on-site preparation, assembly, and mounting. The credit can be claimed by homeowners who make energy improvements to their existing homes, but cannot be claimed in conjunction with the home energy efficient property credit or other residential energy incentives like cash-grants or loan repayments. The Solar Tax credit reduces your income tax liability.
