Use Federal Energy Tax Credits for Solar Energy Systems
Converting your home to rely on solar energy helps reduce your impact on the environment while lowering the cost of your electric bill. In the long term, solar power will help save you money and secure sustainable and independent power for your home. It can be expensive to install, however, and this up-front cost is a deterrent for many people who are considering alternative power.
Fortunately, the federal government is helping to reduce the financial impact of Austin solar panel installation by offering tax credits. Until December 31, 2016, all homeowners who make the switch to solar power can enjoy a 30% tax credit with no upper limit. This tax credit applies to both newly constructed homes and upgrades to existing homes. In addition to photovoltaic panel installation, the tax credit applies to other solar upgrades, such as solar water heaters. Any energy-efficient change you make to your home can potentially … Read Full Post »