Time Is Of The Essence
Never has it been so important for home owners to take advantage of the federal solar tax credit that is being offered. This tax credit is scheduled to be phased out by the end of 2022. At the time of this blog post, homeowners/commercial real estate owners can enjoy a whopping 30% federal tax credit if they invest now, and this will continue throughout 2019. However, time is extremely valuable to these potential investors as this number will drastically drop in the next 2 – 3 years until it is ultimately phased out completely.
Many people fall victim to the “we have plenty of time” attitude until 5 years pass without a blink, and they’re asking questions as to what happened. We strongly suggest to you to take a proactive approach if there is any thought to renovating your home with solar panels. If you have been wanting to lower your electric bill by going solar, and would like to join the green movement, please don’t sleep on these huge savings!