
| Frequently Asked Questions |
What about that federal tax incentive? As part of the American Recovery and Reinvestment Act of 2009 (the stimulus bill), all residents in the US can participate in a Federal Tax Incentive for renewable energy. Your new solar water heating system will qualify for a 30% tax credit with no cap. You can roll any unused credit to the next year - all the way to the year 2016. In other words, if you pay $8,000 for your system, you will get a tax credit of $2,400. After the credit, your system only costs you $5,600.
system installed. |
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