Does a solar energy powered product qualify for a federal tax credit?
YES! Both the Purchase Price and Installation Cost of a solar energy powered product qualify for a 30% federal tax credit. The credit applies to equipment placed in service between January 1, 2009 and December 31, 2016. IRS Form # 5695 (Download pdf here) is needed to apply for this credit. Enter the installed cost on line 1 of the form. 2) Does a solar energy powered product qualify for a state tax credit? ANSWER: State tax incentives vary from state to state. Please check http://www.dsireusa.org/ to see if your state offers an incentive.Solar Powered Ventilation Tax Incentives Attic Breeze solar powered ventilation products qualify for federal, state, and local tax incentives. Defined as “qualified photovoltaic equipment”, our solar attic fans and commercial ventilation products will offer customers between 30-80% in incentives depending on location. Please note that all customers qualify for the federal tax credit of 30% on both the purchase and installation cost of any Attic Breeze
