Going solar in the United States? Claim your tax credits for solar products!
Are you planning on buying reliable and sustainable solar products? Such as the Soluxio solar street light post? You might be eligible for various tax rebates and incentives in the United States of America. Claim your tax credits for solar products!
Investment Tax Credit (ITC)
The most important tax incentive for American taxpayers is the Investment Tax Credit (ITC), also known as the solar tax credit. It’s a federal tax incentive which allows you to deduct 30% of the cost of the solar installation from your federal taxes. This applies to both businesses and individuals and there is no maximum amount that can be claimed for solar systems.
Database of State Incentives for Renewables & Efficiency (DSIRE)
In addition to the ITC, many states, counties and municipalities offer various tax rebates and incentives for solar technology. The Database of State Incentives for Renewables & Efficiency (DSIRE) provides a lot of information on policies for solar energy in the United States. They have a comprehensive list of solar incentives categorized by state. Please check out their website: http://www.dsireusa.org or click on the state of choice below.