Okay, I am ready to consider solar, what's next?
Contact our team at Precision Energy Services, and we will do the following for you:
- Review 12 months of electrical usage
- Identify goals and/or budget
- Review project options and energy assessment
- Project financing
- Generate applications and documents for grants
CURRENT FEDERAL TAX CREDIT: 30%
BUSINESS/COMMERCIAL CAP: NONE
RESIDENTIAL CAP: NONE
CARRY BACK: 1 YEAR
CARRY FORWARD: 20 YEARS
30% of the total out-of-pocket solar system cost will be credited on your federal taxes. This is the gross system cost minus utility rebates. If you do not use all of your credit in the first year, it will roll over to the following year.
EXAMPLE: Commercial/Residential System: $100,000 x .30 = $30,000 Tax Credit