Tax Credits

Whether you are a business owner wanting to install a renewable energy system at your place of business, a homeowner looking to produce green energy at your residence, or an agricultural producer wanting to supply clean energy to your farm, you can receive a 30% federal tax credit for installed solar systems! This is not a deduction, but an actual credit against the taxes that you owe. In the event that your tax burden does not have an appetite for the full credit in one calendar year, you can apply the excess credit to future years through 2019 at the full 30%. After 2019, the credit is reduced to 26% for systems placed in service in 2020 and to 22% for those installed in 2022. WindSolarUSA, Inc. will work with you and/or your tax professional to ensure that all necessary paperwork and documentation is completed and provided for a seamless filing. For more information about the tax incentives available to you, click on this link: www.dsireusa.org

Businesses installing a wind turbine, can choose a production tax credit (PTC) in lieu of the investment tax credit (ITC). The production tax credit is presently equal to 2.2 cents per kWh produced in a tax year and can be claimed for 10 years. For more information about the tax incentives available to you, click on this link: www.dsireusa.org

Confused? Let a WindSolarUSA, Inc. professional explain things in greater detail. Call (217) 825-4206 today for your free consultation!

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