Federal Solar Tax Credit
The Federal solar tax credit was established by The Energy Policy Act of 2005 and provided incentives for solar electric and other renewable energy systems, both residential and commercial. For 2020, the solar tax credit is 26%!
Why pay your hard-earned money to taxes, when you can invest that money into your own home or business? If you’re on the fence about going solar, now is the time! The Federal solar tax credit will drop to 22% in 2021, which is still a great way to save money but don’t lose out on this incredible offer. The average cost-saving for our customers is $3,000.00-9,000.00!
Claiming your tax credit is simple, complete IRS Form 5695 and add that amount to your Form 1040. Please be aware, you must own your system to be eligible for the credit. Contact us today to get started on your solar system!
Minnesota Power SolarSense
The SolarSense program provides rebates to Minnesota Power customers to reduce the upfront costs of installing a solar electric photovoltaic (PV) system. Though Minnesota Power does not require you to choose a specific installer, an installer certified with the North American Board of Certified Energy Practitioners® (NABCEP) is required.
Wolf Track Energy is a certified installer with the NABCEP®. Contact us today to start your Minnesota Power SolarSense application before the 2020 funds are gone!
2020 Is The Year To Go Solar
Now is the time to schedule your site survey! 2020 will be over before you know it and another year will have gone by without adding solar to your property. Contact us now to get started on your solar system along with the SolarSense rebate and 26% Federal tax credit. Lets make this another record breaking year for solar installation!
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