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Common Mistake When Going Solar: Misunderstanding How Solar Tax Credits Work
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Common Mistake When Going Solar: Misunderstanding How Solar Tax Credits Work
Before you decide to purchase your solar PV system, be sure to check with your tax preparer or financial adviser to make sure you have enough ‘tax appetite' to take advantage of state and federal tax credits. Tax credits are not tax rebates and therefore the homeowner purchasing PV solar must have the tax liability to take advantage of these generous and attractive credits. While solar providers aren't tax advisers, they can provide you with basic information on how solar tax credits can work for you. More solar PV tips here.
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