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Solar Investment Tax Credit - FAQs
(Disclaimer: We are solar nerds, not tax nerds. Please consult a tax professional for authoritative advice on this issue.) The Solar Investment Tax Credit is a federal tax credit you can get for installing renewable energy technology at your house or business. This includes solar electric (ie. solar panels), solar hot water, small wind turbines, and geothermal heat pumps. It’s known as the Residential Energy Credit if you’re a homeowner, and the Investment Credit if you’re a business.
Image of a question mark on a blackboard.
Frequently Asked Questions about Solar
General considerationsTechnicalEnvironment General considerations Should I go solar? Maybe. We’re big fans of solar (obviously) but that doesn’t mean it’s right for everybody. While there are options such as community solar that allow potentially anyone to benefit, you’re more likely to see a financial return on investment if some or all of the following criteria apply to you: You own your home, and plan to live in it for at least as long as your calculated payback period.