Incentives
Breaking News-Congress Quadruples* Tax Credit for Homeowners!
Great news–Congress recently passed new tax credits helping homeowners and business owners fund clean energy solar systems! Now you can receive a 30% tax credit on your system installation AND take advantage of your local state incentives. In many areas this cuts the payback time for your solar system IN HALF. If you are considering purchasing a system, there’s never been a better time to go solar! With a rate of return over 20%, it’s a smart and safe hedge against increasing electricity rates and our unstable economy.
* A 4 kW solar system costing $34,000 now qualifies for an $8,000 federal tax credit —up from the previous $2,000!
For incentive info by state, we encourage you to discover this website: http://www.vpirg.org/cleanenergyguide