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Solar Tax Credits Extended Through 2016

Posted October 9th, 2008 by ucanphil

As part of the massive financial bailout, Congress extended and enhanced the solar tax credit, set to expire this year, through 2016.

Currently, homeowners can take a 30% tax credit, capped at $2,000. On January 1, 2009, the cap goes away and the tax credit remains at 30%. Plus, the credit will extend to commercial installations, so utilities like SDG&E will have more incentive to build solar generation facilities.

 

UCAN's Solar Survival Kit

 

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