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RE: 3 Reasons Why Solar ISN'T our main source of electricity (and what to do about it)
30% by 12/31/2019
26% after 12/31/2019 and before 01/01/2021
22% after 12/31/2020 and before 01/01/2022
I paid exactly $7794 for my 5kw system with the 30 percent rebate $2338
$5456 total investment.
100% power use covered by solar.
Battery backup later on to come we are blessed with a very reliable power grid until we have a drunk run into a light pole. Thats what happened with the last power outage. :)
30 percent on everything that you had to do to get the solar once completed. If new construction you cant claim the construction at all . If you modified existing for the solar it can be claimed for the modification . Many different hoops .
Mine was quite simple for hooking to the grid . Very few here use solar for now . Thankfully i where i live its not ruled by people who have nothing better to do than tell others what they can do on there place no home owners association just good old fashion help the other neighbor when they need help power company just comes out changes a few things checks the stickers(several required ) then off to the races it is.
I see.
So, you receive a one-time tax rebate against the capital investment of your solar power system at the time you bought it. Is this correct?
You also mention that you do not have battery backup yet. Thus your solar power system must be connected directly to the grid. What is that process like? Was it easy or difficult?
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