Sentences with phrase «federal solar tax credit allowing»

There is also the federal solar tax credit allowing you to claim 30 % of the total system cost as a deduction to federal taxes.

The federal solar tax credit allows anyone with a taxable income to claim 30 % of the system cost as a deduction to federal taxes.

Not exact matches

It should be noted that while all solar systems in the US can qualify for federal incentive programs like the Investment Tax Credit, you're more likely to get more incentive opportunities, like net - metering — allowing you to sell power back to the utility — with a grid - connected system than with an off - grid electric system, since most incentives are offered through utilities.

The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 30 percent of the cost of installing a solar energy system from your federal taxes.

The federal government provides a solar tax credit, known as the investment tax credit (ITC), that allow homeowners and businesses to deduct a portion of their solar installation costs from their taxes.

The 30 % federal solar tax credit also allows for 30 % of the total system cost to be claimed as a tax deduction for systems of up to any size.