Solar States was founded in 2008 based on the ideas found in Van Jones’ book, “The Green Collar Economy”. We are the on ramp for inner city residents looking to find jobs in the solar industry. As a result of our founding ethos we have a dual mission to install. No Roof Left Behind gives folks in the community a way to help their good neighbors who’ve fallen on hard times. And, No Roof Left Behind system gives local contractors a web-based process and toolset to accept nominations for homeowners in need and deserving of a new roof at no cost. Active Adult Communities. Welcome home to carefree living, luxury features and the resort lifestyle of your dreams. Enjoy a relaxed and stress-free setting in well-designed communities offering a variety of amenities and activities. Visit myLennar. Jan 03, 2020 Reading Time: 3 minutes If you’ve been shopping around for a solar panel system, you’ve probably heard at least one company advertise ‘free solar panels’ – that they will install a solar energy system on your roof for free. But, much as with anything, remember that there is no such thing as a free lunch (or a free solar panel).
33 It’s fairly easy to get a government rebate or tax credit for installing a solar system. And below you will find the information you need to let you know if it’s worth it. Solar power credits come in handy, as they are an extra incentive for saving on energy costs.
- Pennsylvania is toward the middle of the pack as solar capacity goes, but it’s fighting to rise to the top. In 2015, the state installed over $30 million worth of solar capacity and currently has enough to power 31,000 homes. While the natural gas industry is something for the government to contend with in Pennsylvania, solar is for now an alternative cost-sa.
- Pennsylvania is one the best places for installing solar panels for homes because of the high electricity use, increasing cost of electric bills and the continuation of the 26% federal solar tax credit (ITC). There are now more than 74 active solar panel installation companies servicing Pennsylvania.
The solar power tax credit will help you offset the initial installation cost of the solar power system. There are two main types of solar power systems: water heating systems and photovoltaic (PV) systems. Water heating systems use heat from the sun to heat the water in your home and photovoltaic systems use heat from the sun to generate electricity. Solar water heating systems are simpler and less expensive to install than solar photovoltaic systems.
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Getting Government Tax Credits
Federal government incentives are given in the form of tax credits. The current program in the United States will give you a 30% credit for 2019 and 26% for 2020 of the installation cost of your solar power system. You have to purchase and install the system first, and then you can apply for the credit.
In addition to federal credits, consider applying for local and state incentives. Contact your local utility company for utility incentives that you may be eligible. Use energy incentives database at desire.org to determine the local and state programs that you can apply for in your zip code.
To apply for a federal tax credit, fill out IRS Form 5695 (instructions included) and submit it with your income taxes. Form 5695 is a worksheet used to calculate the amount of tax credit you will receive. The credit amount calculated from IRS form 5695 is then entered into line 52 of IRS form 1040. Save all your receipts and the manufacturer’s certification statement for your records. Your solar power system must have an efficiency of 30 percent or better, and at least 50 percent of your home’s energy must come from solar energy.
Federal Credits for Energy Efficient Improvements
You can claim an additional 10% tax credit for qualified energy-efficient improvements. These include insulation that meets the 20180International Energy Conservation Code (IECC) criteria, and doors, roofs, windows and skylights that meet or exceed the Energy Star program requirements.
To find out what exactly your insulation requirements are, go to the 2018 IECC page. Once there, look at the insulation table in section 402. The minimum insulation values (R-values) for your walls, roof (ceiling), floor, and slab are listed on table R402.1.2. Once you know the minimum R-value, you can go to a home improvement store and purchase your insulation required.
For example, if your walls are made of wood, and your wood frame wall R-value is 13, go to a home improvement store (Home Depot, Lowe’s, Ace Hardware, etc.) and tell them that you’re looking for R-13 insulation for your wood-framed walls. They’ll know the type of insulation to get, and they can help you with the installation. To find out if your other energy-efficient improvements meet this credit’s requirements, go to the Energy Star page to find out what the roof’s solar reflectance should be.
To make energy-efficient improvements on your roof, use a surface finish that has a solar reflectance value greater than the one indicated on the Energy Star page. For most cases, the roof would only need to be painted white or topped with an aluminum sheet. To give you an idea on the solar reflectance of several finishes, for example, white paint has an absorptance of 0.2 and a solar reflectance is 0.79.
A Few Facts on Solar Government Tax Credits
- The solar power system installed must be new. Used products are not eligible for tax credits.
- You are not required to have a private contractor to install the system. You can install it yourself
- For consumers building new homes, there is no upper limit on the 30% tax credit.
- A tax credit reduces the amount of tax you have to pay. For example, if you owe $1,000 in taxes, and you get a $500 tax credit, you will owe $500 in taxes
- To claim this credit, you need to submit your taxes with form 1040. This credit cannot be claimed with form 1040EZ or 1040A.
- The tax credit is not only for homeowners. Condo and co-op owners can claim the credit as well. People who rent are not eligible for this credit.
- There is also a 30% tax credit for using wind energy, fuel cells or geothermal heat pumps.
- You can only collect the tax credit if you own the solar system. Leasing the system does not make you eligible to collect it.
Residential Solar System Cost
You can get details on the average cost of a complete, grid-tied, solar PV system, with rebates included, by clicking here. They make it really easy to understand how much a PV system for your house would cost and how to set it up depending on your location.
Pennsylvania Active Zip Code For Free Solar System
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