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Are tax incentives available?

incentives tax
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Are tax incentives available?

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Yes, the U.S. government provides an investment tax credit of 30% of the total cost of a commercial or residential solar or wind energy project. Contact the Internal Revenue Service or consult your tax preparer for additional information.

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A Federal solar tax credit and a very generous California State Cash Rebate have made investing in Sol-Gen solar electric power system more financially attractive than ever. The California Public Utility Commission presently offers a cash rebate which covers 25-35% of the installed system cost. Additionally, there is a 30% Federal Tax Credit for all solar systems installed between January 1, 2006 and December 31, 2008. The credit is capped at $2,000 for residential applications. The financial incentives available for solar are significant, however, the funds are limited and are available on a first-come, first-served basis. This is the perfect time to guarantee your energy security for the future by taking advantage of these generous financial incentives and locking in your reservation today.

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A. In addition to rebates available through MASH, your project may also be eligible for a federal tax credit. Consult the IRS or your tax consultant for details on available tax credits. For additional information, click here. For the most current status of these tax credits, you should contact the Internal Revenue Service and/or your tax preparer.

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