The incentives for investing in Solar power are HUGE right now!
On your tax return, you can get up to $2000 credit with the residential solar tax credit. In the state of Utah, you can also get a 30% tax credit from the federal government for residential and commercial solar investments.
As an added benefit, there is also a Renewable Energy Systems Tax Credit of 10%.
Businesses also get the benefit of depreciating the solar panels on their taxes.
So to sum this up, businesses get the 30% Federal Tax Credit, 30% Tax Depreciation and 10% State Tax Credit up to $50000. Should we add that up? That’s 70% off with all of the amazing tax benefits that you receive when you install Solar on your business!!
If you can’t tell already, there has NEVER been a better time to invest in Solar!
Give Jourdan (435-201-4444) a call today to schedule your FREE consultation!