2024-11-04
5 Benefits of Residential Solar
Residential solar is more affordable than ever, especially with the extension of the federal residential solar tax credit. Taxpayers can claim a 30% tax credit on the cost of solar systems on their income taxes. But be sure to install before January 1, 2033, when the tax credit is set to decrease to 26%.There are also a number of different financing options to make purchasing solar systems easier and with less money upfront. The monthly amount owed on a solar loan is typically less than an average utility bill.