do you know anything about USA Made Federal Rebate? I was told that if the company uses USA made products we’re eligible, but oddly enough no one knows how to get the rebate and I haven’t found anything online.

I second this question. If i only got 26% back last year, can i get the remaining 4% this year?

Did you ever get an answer to this question?

^^^^^^^^^ what Ernie said. ^^^^^^^^

The bill has not passed the House or been signed by the President yet, so nothing is official.

They passed it and we are paying for it! Along with already higher gas and food prices! Why don’t they do something about that instead of killing jobs? Inflation and Government Decisions by certain people have already put tens of thousands of people out of Work!!

Hi, Steve were can I get this information? I was about to sign solar today and my sales rep told me it will be 26% I asked her about the 30% new rate and she said that wont be until 2023 sometime. I told her that ill have to do my homework on this and ill sign when I know I’m getting the 30%. She isnt happy but thats a big chunk of change to walk away from. Can you help?

So should I wait to get it installed in 2023 at 30% or continue to get it installed in 2022 at 26%

30% Federal Tax credit is retroactive to Jan 1st 2022 .

Okay, I sell solar, so here is how the ITC currently works. At present, there is a 26% ITC (Investment Tax Credit). We are going to pretend you just bought a solar system, and the total cost was $10,000.00. That means you can claim a $2,600.00 tax credit when you file your taxes in January. Now, this is the part where everyone goes crazy. You must have paid at least $2,600.00 in taxes to get that money back. If you only paid $1000.00 in taxes, you will only get $1,000.00 back this year. However, you can roll it forward for up to 3 years getting $1000.00 next year and $600.00 the following year. If you are 100% disabled and pay no taxes at all, you will not be able to take advantage of the ITC.

Do you know of any other HOA that has gone solar?

Dennis, I believe you were sold on a bunch of lies. The tax credit is currently 26% of your gross system cost; and that Is all you can claim. In other words, for easy numbers, if your system is $100,000, you will only receive $26,000 from the government as a credit. If you do not pay any federal income taxes then you will not receive any money. If you do pay federal income taxes, then you will only receive back what you pay in. If your personal liability is, let’s say $10,000, then next year when you file you will be able to get $10,000 back, and the remaining $16,000 will roll over to the following year’s for you to claim. There is NO 100% free solar credit. This is why you have to get a loan