Tax Credit For Solar Power

Either going solar choice
#1completely off the grid
#2 partial solar with a sell back to power company

If you're in the US, it's unlikely that you'll get any help for off-grid.

There's a site that lists the grid-connected incentives by state,

http://www.dsireusa.org/

2008-09-22 12:18:57 by ocean swimracer ray

turbotax.intuit.com If you have installed solar panels onto your primary residence, you could receive 30 percent of the cost back as a tax credit ...

If so, what's behind it? I seem to recall the price of panels being about $30,000 for 6000 watts. But everywhere I look now, the price is hovering around 15,000. With the 30% tax credit, that would lower the price to around $11,000 for a standard...

Combination of things.

Economies of scale: we're increasing production very quickly (it's now about 17GW/yr iirc, in the 1990s it was probably less than 1GW)

Other factors are new technologies using cheaper materials...

2009-09-05 18:53:28 by jack99skellington

Economy-Taxes should be based on a percentage of what you make, that way it is fair. State sales taxes should not be over 5%. Corporations should not be controlled by the government, but if they pose some kind of danger to the country they should...

I have to disagree on your stance on abortion. I understand, but being a christian I can not agree. Other than that, I am with you! I must be honest though....I would have a hard time believing you. You sound too good to be true! :-)

...

2009-06-06 17:57:52 by mjones

The whole idea of gay marriage is put forth so that gays can prove that they are normal, just like everyone else. Unfortunately they are not in a very important and obvious way. A marriage between two men or two women will not produce any...

So post-menopausal women shouldn't get tax breaks?

You're in here much too often for anyone to believe you're straight. Come on out - it's okay!

2008-07-04 09:10:44 by Goofy G

Tax form 5695. You are permitted to get a tax credit for 30% of solar items that "uses solar energy to generate electricity for use in your home".

Does this include solar items that do not attach to your home's electrical...

No, solar accent lights do not qualify for the credit.

Here's a listing of what qualifies for the credit: http://www.energystar.gov/index.cfm?c=ta x_credits.tx_index#s4

Note what it says about photovoltaic panels:...

2009-10-05 11:39:35 by Short

I live in California and there are both state and federal tax credit programs to encourage use of solar power. When taking this into account and current PG&E rates how many years before the return on investment make this worthwhile?

I can't answer this for you as I'm not in CA, but I would like to let you know about a company that will rent the panels to you for no upfront investment. They install and maintain them for you at no additional cost. The rental rate is based on...

2006-12-14 11:10:54 by Ben Gone