Federal Tax Credits for Solar and $ Saving
before you think about tax credits. Think about the true actual saving if you purchase one of our heaters.
See on one easy to understand page how much solar saving money you will pocket.
Solar Energy Systems - Tax credits are available for qualified solar water heating and photovoltaic systems. The credits are available for systems “placed in service” from January 1, 2006 through December 31, 2008. The tax credit is for 30 percent of the cost of the system, up to $2,000. This credit is not limited to the $500 home improvement cap. A tax credit can provide significant savings. It reduces the amount of income tax you have to pay. Unlike a deduction, which reduces the amount of income subject to tax, a tax credit directly reduces the tax itself. You must refer to the final Internal Revenue Service (IRS) rules to determine what qualifies for the tax credit.
Energy Efficiency is for all of us.
