Wednesday, January 24, 2018

How will the 2017 tax bill impact solar?


See the article at the link below for how the new tax bill might impact solar businesses positively and negatively.

https://news.energysage.com/will-2017-tax-bill-impact-solar/

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The primary solar tax credit used by homeowners in the U.S. is the federal investment tax credit (ITC), which offers a 30 percent tax credit to the owner of a new solar energy system. This is one of the most significant financial incentives for installing solar at the federal level, and it benefits everyone from homeowners to large commercial property owners.

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The bottom line: If you’re a homeowner considering solar today, there were not any new changes in the 2017 tax bill that will lessen the economic benefits you’ll receive from a solar installation. Start exploring your options today.

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The House version of the tax bill would have eliminated the tax credit for electric vehicles, which offers up to $7,500 to buyers. However, that didn’t make it into the final bill, meaning that a big incentive to buy electric cars is still available.

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2 comments:

Anonymous said...

Thank you Solar Panels Tampa.

Anonymous said...

THANk you commercial solar pasadena

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