How to Finance a Residential Solar Array

How to Finance a Residential Solar Array image

Solar Financing for Homeowners The perception of solar costs being prohibitively high lingers from the early days of the industry. In actuality, solar equipment has become more efficient and less expensive in the last decade, as it has been adopted by homes, business and utilities across the globe. In addition, solar financing has become readily available for homeowners. Financing Options Available in New Mexico The Sunny family lives in Albuquerque and is able to offset 100% of the electricity usage…

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How Can I Use the Federal Solar Tax Credit to Help Fund My New Solar Installation?

How Can I Use the Federal Solar Tax Credit to Help Fund My New Solar Installation? image

How do taxes fit into the solar conversation? Solar is an environmentally-friendly home improvement that can bring you tax benefits as well as save you money on your electricity costs. Currently, the federal government offers an Investment Tax Credit (ITC) for putting solar on your home or business. The ITC provides a significant financial advantage for solar customers by allowing them to deduct 30% of the cost of their solar array from their federal taxes. How does the solar tax…

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