A Solar Tax Credit In Murrieta!
The solar tax credit is a credit that both home and business owners can claim on their tax returns. The solar tax credit is calculated as 30 percent from the net system price. To make these incentives even more attractive, the federal solar tax credit is a dollar for dollar reduction in your taxes owed.
The federal solar tax credit is by far the most lucrative financial incentive for making the switch to photovoltaic power. Eligibility for the solar tax credit is fairly simple, although there are a few things to look out for. The solar tax credit can be claimed for the tax year that the system is installed and approved to operate.