Most people know that solar panels are a great addition to help you save money on your energy bills. However, some people might not be aware that switching to solar energy can actually get you money during tax season as well. Solar Solutions of America offers customized solar panel solutions so that you can enjoy all of the benefits from this amazing energy option.
If you want to learn more about solar panel installation in Houston, TX, or the surrounding area, give our team a call today.
You may or may not be aware of federal solar tax credit. This Investment Tax Credit (ITC) allows you to deduct 26 percent of the solar installation cost from your federal taxes. You can take advantage of this tax cut for both residential and commercial solar installations. And the best part is, there isn’t a cap on this value. So even if you install a huge system with a lot of panels, you can still deduct that full 26 percent.
For a more tangible example, let’s look at the average cost of solar power. The average installation cost for a Texas resident who wants to put solar panels on their property is $13,750. So if you get 26 percent of that back as a tax deduction, that’s $3,025 back in your pocket!
Add that tax refund to the energy savings you’ll enjoy each month, and you can see why solar panels are a growing trend. Keep in mind, however, that 2021 will be the last year the ITC functions unless Congress renews it. So if you want this tax benefit, now is the perfect time to contact Solar Solutions of America.
We have over 40 years of experience in the solar industry, and we’re dedicated to our customers. We partner with the best installers and manufacturers, and we also offer great warranties because our number one goal is your satisfaction.
Call us at 281-688-9627 to learn more.
Who We Are
Backed by a management team with over 40 years of experience in the home and commercial improvement industry, with over 40,000 satisfied customers, Solar Solutions of America is proud to bring solar panel solutions to customers across Texas. At Solar Solutions of America, we strive to help home and business owners save money on their electric bills by helping them make the switch to solar. Our team of solar energy professionals works tirelessly to provide excellent customer service from start to finish ensuring maximum savings and customer satisfaction.