Take Advantage of All of the Tax Credits Available for you to Produce Clean Solar Energy for your Home or Business!
Residential Incentives:
A 25% State Tax Credit (SC residents) up to $10,500 is available from the state of South Carolina for you to install solar panels on your home!
Solar Photovoltaics are eligible for an 80% reduction on property tax. So installing solar on your home will have almost no affect on increasing your property taxes due to the added value to your home.
By making the move to go solar the Federal government will also give you a 30% tax credit with no limit!
Comercial Incentives:
A 35% State Tax Credit up to $2,500,000 is available from the state of North Carolina for you to install solar panels on your commercial property!
Solar Photovoltaics are eligible for an 80% reduction on property tax. So installing solar on your business will have almost no affect on increasing your taxes due to the added value to your property.
By making the move to go solar the Federal government will also give you a 30% tax credit with no limit!
Solar projects installed through December 31st, 2013 are eligible for 50% bonus depreciation through the MACRS (Modified Accelerated Cost Recovery System) schedule.