The federal solar investment tax credit (ITC) will let you deduct up to 30% of the cost of installing your new solar energy system from your federal income taxes through 2019. The IRS will allow you to apply the ITC to BOTH residential and commercial systems.
In 2020, the ITC will drop to 26%. In 2021, the ITC will drop to 22%. In 2022 and beyond, the ITC will ONLY apply to new commercial solar energy systems and will drop to only 10% of the value of a new solar energy system.
You can still take advantage of the 30% investment tax credit (ITC) in 2019. That's why there's no better time than now!
Get It Before It's Gone
2020 will be here before you know it.