If you’ve been on the fence about going solar, here’s a great reason to make a decision soon: The U.S. federal solar investment tax credit, known as the solar ITC, is set to decrease after 2019.
This tax credit, which you can apply toward your 2019 income taxes. federal income taxes. The system must be purchased via cash or loan and installed before 2020. (There is also a tax credit for businesses that go solar.
SolarTech, a San Diego based solar company that installs SunPower® solar, recently posted this helpful guide and video explaining the upcoming changes to the ITC and how to claim the credit on your taxes if you went solar in 2018. Click to learn more: The Ultimate 2019 Guide To California Solar Tax Credit and Incentives.
1Tax credits subject to change. SunPower does not warrant, guarantee or otherwise advise its partners or customers about specific tax outcomes. Consult your tax advisor regarding the solar tax credit and how it applies to your specific circumstances. Please visit the dsireusa.org website for detailed solar policy information.