In case you were wondering when is the right time to contact one of the solar companies in Santa Rosa, 2019 is the year for that perfect solar transition. This is especially true if you are a resident of California, since the government has been undertaking willful initiatives for implementing maximum solar electricity units before the next decade counts in.
For bringing the US Government’s vision to fruition, the ITC (Investment Tax Credit) has brought into implementation, a flat 30% credit on your total purchase and installation cost of domestic and commercial solar electricity units and systems.
And guess what, this offer would be valid till 2020, after which the rate will fall down to 26%.
Avail 30% CREDIT in 2019As per the official documents released by the federal government, those solar PV systems that were brought into service before December 31st, 2019 are to be considered eligible for the above-mentioned 30% tax credit.
Please bear in mind that whenever you put your solar PV systems into service after December 31, 2019 or after January 1st, 2020 through December 31st2020, the tax credit amount will be 26%. This clearly shows how much profit you can claim if you introduce solar panels before the mentioned dates.