Our federal government created the solar tax credit, also known as the investment tax credit (ITC), in 2007 and allows you to deduct 30 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on the cost of the system. Thanks to the ITC, the average solar shopper can save over $7,500 on the cost of going solar in 2018.
The cost of solar is dropping across the nation. Call your team at Innovation Solar to discuss the benefits of adding solar to your home or business.