Take advantage of the Federal Investment Tax Credit
The federal investment tax credit (ITC) for solar was extended for 6 more years at the end of 2015. This means that if you purchase your system or finance it through a loan, you will be eligible for 30% of your system costs to be credited directly against what you owe in taxes. If you do not have enough tax liability to use the credit in year one, you may spread the credit over 3 years. Take advantage of the tax credit NOW, before it goes away!
What is Net Energy Metering?
Net metering (or net energy metering, NEM) allows consumers who generate some or all of their own electricity to use that electricity anytime —instead of when it is generated. Monthly net metering allows consumers to use solar power generated during the day, and pull energy from the utility at night.