Free Solar Savings Consultation

Hayward CA

Description

Thinking of going solar? Paying too much on your electricity bill? Contact me to learn the benefits of going solar, including cutting your electric bill down 20-50%! I am a representative for Powur, a national leader in the solar industry that is helping pave the way to a greener future and providing a source so homeowners can gain energy independence. Click the following links to learn more: https://powur.com/whysolar?amb=36645 https://powur.com/education?amb=36645 More important information: The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value. The average savings are nearly $9,000 on the cost of going solar as a result of the ITC. 2020-2022: Owners of new residential and commercial solar can deduct 26 percent of the cost of the system from their taxes. If you’re buying a solar energy system today, timing is everything. With the signing of the December 2020 COVID-19 Relief package and U.S. Federal government Omnibus spending bill, there are some key extensions for the Investment Tax Credit (ITC) you should be aware of: 2-year extension for residential solar (Page 2440), 26% in 2021-2022, 22% in 2023, then zero for residential homeowners. The commercial (Sec. 48) solar investment tax credit has been extended at 26% through 2022. Instead of the phasedown to 22% happening on January 1, 2021, the phasedown to 22% will now occur on January 1, 2023. Any project that is placed in service after December 31, 2025 will automatically qualify for a 10% ITC.