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Who is Eligible for the Federal Solar Tax Credit in Golden Valley?

One of the main reasons people want to get solar power for their home is to save money. Not only can you save on your energy bill, but you can also save on your taxes at the end of the year. Getting the answers to who is eligible for the federal solar tax credit is a great way to decide if solar power is right for you and your home. 

People Who Installed Their System Between 2006 and 2023

If you installed your system between January 1, 2006 and December 31, 2023, you could be eligible for the credit. If your system was installed before that deadline, the odds are good that you have already seen quite a bit of savings. The end date means that you still have time to save money on your taxes. 

People With Original Installation

Original installation means that you were the person who bought and had the solar equipment package installed. If you bought your house and it already had solar power, you may not be eligible for the credit. However, there are a number of other monetary benefits to using your pre-installed solar power.  

People Who Own Their Equipment

The federal solar tax credit is only available to people who own their own solar equipment. If you are renting or leasing it or are renting a home that already has it installed, you may not be able to receive the credit. It will also not apply to those who are purchasing solar electricity from another source. 

Want to Get the Federal Solar Tax Credit in Golden Valley?

If you’re ready to start using solar power for your home and want the best possible company by your side, Angle Solar is here to help. Our knowledgeable and experienced technicians can answer all your questions and help you get the best system for your needs. With a wide variety of packages and expert installation, you can get the most out of your system. Contact us today!

Expert Help With the Federal Solar Tax Credit in Golden Valley

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Posted on May 11, 2022 | Published by Ignite Local | Related Local Business