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Considering Solar? Now is the Time to Act!

Solar House

The Solar Adder, for net-metered PV, will decrease from $0.02 to $0.01 effective July 1 2019. If you are considering solar contact Building Energy now so we can submit your Certificate of Public Good (CPG) before the deadline in order to lock in the higher incentive. This is a ten year adder for all the solar production, so the savings could amount to $1000 or more, depending on system size.

In addition to the incentives listed below, all renewable energy systems are exempt from Vermont sales tax.

In addition to the incentives listed below, all renewable energy systems are exempt from Vermont sales tax.

Renewable Energy Resource Center for Incentive Information.

Federal Solar Incentives Update:

30% Federal Tax Credit will be expiring on 12/31/19.

ITC credits will begin stepping down from 30% at the end of 2019. The tax credit for systems installed after 12/31/19 will drop to 26%. After 12/31/20, it’ll drop even further to 22%, and by 2022 the federal tax credit will drop to zero. That’s why the time to go solar is now. But not to worry, we can help you maximize on all the solar savings available to you.

Whether you have a proposal in hand or are interested in getting a free quote, contact us today to find out how you can lock in the best pricing available. Don’t miss out on this opportunity.

Call 802-992-8861 Ext. 115 or email today!

Residential solar hot water and solar electric PV systems qualify for a personal tax credit of 30% of the system cost. An individual can take both a 30% credit for a PV system and a 30% credit for a solar water heating system.

Commercial solar hot water and solar electric PV systems qualify for an investment tax credit 30% of the system cost.

Solar hot water and PV systems are classified as “5-year property” under the Modified Accelerated Cost-Recovery System (MACRS). Businesses can recover investments in solar systems through accelerated depreciation deductions.

More details are available at www.dsireusa.org

Contact us today for more information about incentives in your area.

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