Solar Panel Incentives For Real Estate Investors 2018

Commercial and industrial property owners are eligible for a generous federal tax credit program through the end of 2019 your organization can claim 30 of the installation costs as a tax credit.

Solar panel incentives for real estate investors 2018. Let s imagine you spend 15 000 to install a solar panel system and are eligible for a 26 federal tax credit on that. Solar incentives available to homeowners businesses investment tax credit for solar the federal government provides a solar tax credit known as the investment tax credit itc that allow homeowners and businesses to deduct a portion of their solar costs from their taxes. Commercial solar is eligible for a variety of federal and state incentives that lower the overall cost of going solar. The streets are paved with green bloomberg s new energy outlook predicts that wind and solar are set to surge to 50 percent of world generation by 2050.

A state program though got a new lease on life saturday. Current federal renewable energy incentive programs will end by 2020 leaving the future of washington s solar industry clouded. But if that s not enough of a reason to switch the economics make a strong argument for solar panel installation in commercial real estate.