Let’s Level Up
Your Home
- Zero out-of-pocket expense for most homeowners
- Reliable, 100% clean energy for 25+ years
- Lower electric bills
- Locked-in power rate for the next 30 years
- Higher home resale value
- Federal Tax Credit
- Low-interest financing available
- We handle all utility and permit paperwork
- Unmatched customer service
Federal Solar Tax Credit
The federal government will pay 26% of your total solar project costs. Don’t wait! Now is the best time to make the move to a solar panel system for your home.
So, how does this Federal Solar Tax Credit work? When you install a solar panel system, part of your total project costs can be claimed as a credit on your federal tax return, which you would claim the very same year the installation is completed. The credit would be applied the following year, leading to a lower tax amount that you would owe.
For example, if your project costs a total of $10,000, you can claim 26% (or $2,600) of that total cost as a federal tax credit and owe $2,600 less in taxes the following year. Those tax savings can go a long way, so be sure to keep any and all relevant receipts.
Expenses you can claim
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Solar equipment
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Electrician fees
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Permitting fees and services costs
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Freight shipping costs
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Engineer fees
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Tree removal costs
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Solar consulting fees
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Purchased/rented tools and equipment
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New roof or roofing repairs
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Professional installer fees
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Wiring, screws, bolts, nails, and more
REMEMBER!
The more you spend on your solar conversion, the larger your tax credit will be. And if you choose to hire a contractor for your project’s solar panel installation, that expense can also be claimed towards the federal solar tax credit.
GET 26% OFF
your total project costs
Looking for solar installation services in Virginia Beach, Chesapeake, and Norfolk? Give us a call at 757-988-7777 today! Our experienced team is ready to help you with the Federal Tax Credit and guide you through our low-interest financing option.
