what homeowners need to know about the federal solar tax credit

14
Solar Tax Credit Save 30% On Solar in 2016! What Homeowners need to know about the Federal Solar

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Page 1: What Homeowners Need to Know About the Federal Solar Tax Credit

Solar Tax CreditSave 30% On Solar in 2016!

WhatHomeownersneed to know about theFederalSolar

Page 2: What Homeowners Need to Know About the Federal Solar Tax Credit

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2016 may be the last year the government offers tax credits for

residential solar.

Page 3: What Homeowners Need to Know About the Federal Solar Tax Credit

Did you know, you could save up to 76% on energy costs by switching to solar?

Page 4: What Homeowners Need to Know About the Federal Solar Tax Credit

Homeowners with solar panels installed before December 31, 2016 can claim 30% of the cost as a tax credit, with no ceiling.

Page 5: What Homeowners Need to Know About the Federal Solar Tax Credit

The solar tax credit takes the cost of installation directly off your annual tax payment, rather than deducting it from taxable income.

Attribution: Wayne National Forest

Page 6: What Homeowners Need to Know About the Federal Solar Tax Credit

Average solar installation cost?

$52,500.

If you install before Dec 31,

2016, you could save >$15k.

Page 7: What Homeowners Need to Know About the Federal Solar Tax Credit

Do you qualify for the federal solar tax

credit?

Page 8: What Homeowners Need to Know About the Federal Solar Tax Credit

Will your solar system be placed in service on or before Dec 31, 2016?

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Page 9: What Homeowners Need to Know About the Federal Solar Tax Credit

Will you live in the house before Dec 31, 2016?

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Page 10: What Homeowners Need to Know About the Federal Solar Tax Credit

Do you own a solar system?

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Page 11: What Homeowners Need to Know About the Federal Solar Tax Credit

If you answered YES to all 3 questions, you qualify!

Page 12: What Homeowners Need to Know About the Federal Solar Tax Credit

To calculate your unique solar tax credit savings:ADD: panels + installation + laborMULTIPLY: 30%

Page 13: What Homeowners Need to Know About the Federal Solar Tax Credit

The solar tax credit

deadline is December 31, 2016.

Any system installed after

that date does not qualify.

Page 14: What Homeowners Need to Know About the Federal Solar Tax Credit

Interested in the solartax credit?

Get free quotes from providers to see how much you’ll save at 123SolarPower.net