When you install a new solar energy system at your business premises or in your own home and you own it a hundred percent you are eligible for a thirty percent federal tax credit. This discount is applicable to all installations whether residential or commercial. With the extension that was given off five years which is expiring on 31st of December 2019 you should move very fast and install your solar power energy system for you to qualify for the thirty percent tax credit.
However much you spend on your solar power energy system the tax credit incentive will ensure that you get the best quality for your money. Do not allow yourself to be locked out of these huge incentive issuers motivate you to move with speed and do your solar power energy system installation tomorrow if not today.
Back in two thousand and five, the law was put in place for the incentives to be granted towards new power solar installation since then it has been postponed and extended up to now. Comparing the cost of solar power system installation today and in five years time it is best that you do it today it will be more affordable than later on.
Go ahead and take advantage of the solar investment tax credit incentive that the government has given while the window is still open. Ownership of the solar energy system installation 100% will make you qualify for this investment tax credit. Will get a whopping 30% discount on installation cost as you file your tax returns for the year and any overflow you can push it to the subsequent years.
And the most beautiful thing about this is that there is no limit to the value of the solar investment tax credit as such you can make as much installation as you want and pass on the credit to the subsequent years of your tax liability. So that they push the solar industry to full maturity in the legislative arm put on these extensions in order to attract more and more people to this renewable energy.
Until you, on the installation, you cannot apply for the Investment tax credit simply because you signed a lease agreement for a PPA with the installation party. Move with speed today and consult for free with the experts in solar power energy from who will receive a free quotation to help you decide on installation today. As a business person you want to get the best value possible for your money, they have moved today and do the installation at an affordable cost give it to you freely by the government.