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Residential Solar PV Systems - Numbers Skyrocket - Last Year for Full Federal Tax Credit

Media_Truth

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The numbers of homeowner solar PV systems continue their incredibly upward trend. These systems create enough power for 11.3 million homes! 2019 is the last year for the full federal tax credit. Start budgeting now, and you can save thousands of dollars on next years taxes, with the 30% Federal Tax credit. Do your research soon, as most of the installation companies have huge backlogs. I took advantage in 2012. With my $19K system, I received more than $6K in tax credits. For years, I ran surpluses in electricity, and instead of paying for electricity, I got a check at the end of the year!

https://news.energysage.com/congress-extends-the-solar-tax-credit/

Check your state too. They may also have incentives. I saved another $2500 from them, with a direct rebate check!

Solar PVs hold down the cost of electricity for all consumers, because they are peak-load producers. They produce at their peak on hot afternoons in the Spring thru the Fall, when most people are cranking up the ACs. Also, solar PVs are point-of-source producers. So power used by yourself and your neighbors experiences minimal voltage loss. Voltage loss inefficiences are one of the major problems and expenses for Utility companies.

https://www.seia.org/solar-industry-research-data
 
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