Take advantage of the solar tax credits that could be available to you to reduce the cost of solar by 30% or more!!
• The Federal Solar Investment Tax Credit – The (ITC) is a 30% total cost, uncapped federal income tax credit to homeowners and businesses for solar equipment placed in service prior to January 1, 2017.
• Utility Incentives – Some local utility companies are offering credits, rebates, and incentives for solar energy in the state of Georgia
• The Modified Accelerated Cost Recovery System (MACRS) is a method of depreciation in which a business’ investment in certain tangible property is recovered, for tax purposes, over a specified time frame. Solar energy equipment is eligible for a cost recovery period of 5 years
• Net Metering allows customers who generate their own electricity to feed unused electricity back into the utility grid.
To make a renewable energy request, please click here.
*RL Bishop & Assoc., Inc. is in no way qualified to provide professional consultation regarding tax credits, incentives, and/or funding. Please contact a knowledgeable CPA and/or qualified professional to determine what tax credits, incentives, rebates, and/or funding is available for you.