Get a Free Estimate

Solar Electric Federal Tax Credit Can Help You Save Big in 2019

December 5, 2019

Through the end of 2019 the Solar Electric Tax Credit can earn you 30% in Federal Tax Credit on the total cost of your solar system, including the cost of permitting, equipment, and installation. Think of it as a 30% discount off the price of going solar!

How Does it Work?

The Investment Tax Credit works by giving you back 30% of the cost of your solar system as a tax credit. If you have more credit than you owe, that’s no problem, the credit will roll over to the next year and is valid for up to 7 years. In order to take advantage of this tax credit you must own your solar system, it is not valid for leasing or purchase price allocation.

Worried you might not quality for the 30% Federal Solar Tax Credit? If you purchase your solar system during 2019, own your residence, and you own rather than lease your solar panels there’s a good chance you are the perfect candidate.

What Happens after 2019?

After December 31, 2019 the Investment Tax Credit will still be around, however the Federal Tax Credit amount will be lowered from 30% to 26% in the year 2020. In 2021 the amount will decrease again to 22%, and in 2022 residential will have no tax credit, while commercial and utility applications will get 10%. In short, to save the greatest amount you can on your solar system you should start the process immediately. In order to get the 30% Federal Tax Credit amount your system will have to be purchased by December 31, 2019.

There is Still Time in 2019 - Get Started Today!

Starting the Process

It’s easy and free to get started. Florida Solar will come to your home and perform a complimentary consultation. We will walk you through a detailed checklist and use the information you share with us to determine how much solar electric can save you and your family.

How Does Florida Solar Determine what Size System You Need?

To determine the size of the solar system that’s perfect for you, Florida Solar needs 12 months of your power bills. We average your bills together and determine what size solar system will zero out your electric bill. If you’re a new home owner don’t worry, we have additional ways to help figure out what your power consumption is, and are still able to determine the perfect size system for your residence.

How Long Do Solar Systems Last?

Florida Solar’s systems have a 25 year warranty, so you can have peace of mind in investing in your solar system. You will save on your electric bills, help the environment, and the tax credit is a huge benefit.

The solar tax credit savings will decrease at the end of this year. If you are thinking about going solar, now if the time to save big. Call Florida Solar today to schedule your free consultation!

Previous post
Next post

Key Questions to Ask a Solar Company When Considering Solar for Your House

Previous post
Next post

Is Solar Energy Worth Installing in Your Florida Home?

Previous post
Next post

Essential Solar System Maintenance Tips to Prepare for Hurricane Season

Previous post
Next post

Solar Tax Credit Changes -- What You Need To Know

Previous post
Next post

Comparing Solar Loan Options

Previous post
Next post

Why Solar Is a Great Investment Right Now

Previous post
Next post

Is Your Solar Quote Too Good to Be True?

Previous post
Next post

Do Your Solar Panels Need to Be Replaced?

Previous post
Next post

Why the Omni-Swim® Is the Right Heat Pump for Your Pool

Previous post
Next post

How to Choose the Right Solar Energy Company

Previous post
Next post

How to Confidently Add Solar Electric to Your Home

Previous post
Next post

Converting Your Pool to a Salt Water System: How it Works and the Benefits

Previous post
Next post

How Much You Save When You Install Solar Panels

Previous post
Next post

What Is Net Metering?

Previous post
Next post

How to Get the Solar Tax Credit for 2022

Previous post
Next post

Already Have Solar Panels? Heat Your Pool!

Previous post
Next post

Why Aren’t My Solar Panels Working Right?

Previous post
Next post

What Goes Into a Custom Solar System Design?

Previous post
Next post

Are You Maintaining Your Solar Systems?

Previous post
Next post

Looking for a Pool Heat Pump?

Previous post
Next post

How Do I Prepare My Solar Panels for a Hurricane?

Previous post
Next post

Three Benefits of Pool Automation Systems

Previous post
Next post

How to Estimate Your Savings When Switching to Solar

Previous post
Next post

Benefits of Hybrid Hot Water Heaters

Previous post
Next post

Do Solar Panels Boost Your Home’s Value? – YES!

Previous post
Next post

How Solar Panels Lower Your Energy Bills

Previous post
Next post

Omni-Swim: The Hybrid Pool Heating Solution That’s Cost-Effective

Previous post
Next post

Upgrade to a Battery Hub Today

Previous post
Next post

The Benefits of Having a Heated Pool

Previous post
Next post

Don’t Miss Out on Your Solar Tax Credit Savings

Previous post
Next post

Omni-Swim Hybrid Pool Heating System

Previous post
Next post

Don’t Pass Up These Solar Tax Credit Savings

Previous post
Next post

Ten Tips to Help you Find a Trustworthy Solar Installer

Previous post
Next post

What to Know Before the Storm

Previous post
Next post

Ok Google - "Solar Panels Near Me"

Previous post
Next post

Going Green: Why Solar Energy is Good for the Earth

Previous post
Next post

Is Hybrid Solar Pool Heat the Most Effective Pool Heat Option?

Previous post
Next post

Does Solar Add Value to My Home?

Previous post
Next post

Solar Electric Federal Tax Credit Can Help You Save Big in 2019

Previous post
Next post

The Future of Pool Heat is Here - Omni-Swim Hybrid-Solar Heat Pump