Residential Solar Tax Incentives
Solar is more Affordable than you Think
The Solar ITC (Investment Tax Credit) has been a major support for customers across the Southeast. Regardless of where you live in 2022, the ITC provides a 26% federal tax credit until 2023 based on the total cost of your solar system. In 2023 the ITC residential solar tax credit will reduce to 22%
The full, all-in costs of solar systems installed by Renu are eligible for the Federal Tax Credit. If you choose Solar and Energy Storage from Renu, the full costs of both are also eligible for the Federal Tax Credit. However, your ability to benefit from the tax credit depends on your tax liability. Renu recommends that you speak to a tax advisor or professional accountant regarding your ability to take full advantage of the tax credit.
Other Solar Incentives…
Some utility companies offer certain states a rebate off of the installation cost of homeowner’s solar installations. Speak to your utility company for questions on your eligibility to receive a rebate.
STATE TAX INCENTIVE
Some states offer tax credits for tax-paying homeowners that choose to go solar in addition to the federal tax credit. Speak to one of our solar experts for more information.
Our customers have received millions of dollars in federal and state tax incentives over the years of Renu’s operation.
With so many incentives to save money on your solar installation, contact us today to see how much you could save with solar!
Renu has installed over 4,100 solar systems since 2010, and is an expert in the solar industry. Specializing in industry leading customer service, Renu is. a turn-key company. Whether you’re just beginning to research your solar options or you’re ready to install a system tomorrow, Renu will be your smart. reliable. solar partner from the first phone call to installation and system energization.