Thanks to the Inflation Reduction Act signed into law during August of 2022, the Solar Investment Tax credit (ITC) was increased to 30% again and extended for 10 years for both residential and commercial/utility-scale solar projects! That means you can invest in solar energy and still save at least 30% off the cost of your system with a dollar-for-dollar reduction against your Federal taxes! Starting in 2033, the ITC will begin to step down and end in 2035. The ITC can be rolled over for a maximum of five years, providing taxes owed are less than the ITC credit earned. The new and improved ITC provides the same 30% tax credit for standalone residential solar storage batteries over 3 kWh when purchased after December 31, 2022!
For more detailed information on the Solar Investment Tax Credit, including commercial scale details, ITC adders, and direct pay opportunities for non-profits, please visit Solar Power Wold Magazine. And if you're ready to make the switch to solar right now? There's literally never been a better time. Give Scudder Solar a call today and schedule your FREE solar site or solar + storage evaluation. All it takes is one phone call to 831-384-3900!
Our Scudder Solar technicians are held to the highest standards in the industry and each member puts every bit of their extensive experience and expertise into the design and installation of your solar photovoltaic system. From an in-depth analysis of your home and energy consumption to shading studies and electrical blueprints, Scudder Solar leaves no stone unturned in an effort to bring you the smoothest and easiest switch to solar power possible.
From the moment you call us for a solar site evaluation until the minute your solar system is switched on and even beyond, Scudder Solar is with you and supporting you every step of the way. Our project process is comprehensive with top-quality customer service from every level in our organization and includes everything from custom consultations and design meetings to financing, permitting packages and job walks for quality control.
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