When you install a solar panel
system, you are likely eligible to receive cash rebates from your state, and
energy tax credits from the U.S. Treasury IRS. Depending on your
location, you could save 30% to 60% off the cost of installing solar panels.
Rest assured, our solar installation experts can explain the available
programs and make the paperwork easy for you.
SOLAR TAX CREDIT
The U.S. Treasury allows Energy Tax Credits for home or business owners.
Taxpayers are allowed one tax credit equal to 30 percent of the qualified
investment in solar panels, and another equivalent 30% credit for investing
in a solar water heating system. Solar tax credits do not apply to solar
heating for pools or hot tubs.
STATE REBATES
Many states, including California and Arizona, offer cash solar rebates and
other incentives like sales or property tax exemptions when you install
solar panels. State rebates typically range from 10% to 30% of your total
installation cost.
Milholland Electric is a licensed electrical contractor in
California and Arizona with an experienced team in solar panel design and
solar panel installation and maintenance. Contact us for a
free estimate today!
