Solar Income Tax Credit (ITC)
One of the greatest incentives for deciding to move away from the monopoly of the utility companies, other than helping to save the entire planet one solar module at a time, is the tax credit that follows. Along with the money you’ll save by harnessing the power of the sun and cutting out the middle man, the government has decreed to reward go greeners with a 30% tax incentive that you’ll receive when you file your taxes for that fiscal year.
However, AltSys Solar Inc. urges all to begin the process with all haste, as this tax credit will not remain 30% forever but will begin to drop in 2020. More information can be found in the links below.