30 Federal Tax Credit Solar
October 15th, 2009
Question: Can I get another solar federal tax credit if I move?
If I purchased solar panels for my house now and received the 30% credit, but then 10 years from now I move, would I be able to get the credit again if I put panels on that next house?
Your right that I’m basically asking if it extends to multiple projects. I swear I heard before that it was a one time deal before, but I think the context was if I were to get a solar electric system AND a solar water heater. But I would think that if you moved you would get the same deal again.
Answer: The 30% credit would be expired in 10 years, but that’s not the point. The question is, can you take additional credits for more than one project? I’d suggest going to irs.gov and downloading form 5695 and its instructions. It used to be that you could do as many projects as you want, even on the same house, except that the total credit was capped. I’m not sure what happens now that the cap is removed.
Concord light plant offers solar rebates
CMLP customers can take advantage of a rebate coupled with lower solar panel prices to lock in their electricity rate for the 25-plus year life of the solar system.
SolarMan
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