Discover how much you can save on your taxes when you install a solar system

Installing a solar energy system helps save the environment. Did you know it also saves you money on your federal taxes? Under the Consolidated Appropriations Act, you can claim a tax credit for up to 30 percent of the cost to install a solar energy system. However, the amount you claim depends on when you installed your system.

• If you install a system before Dec. 31, 2019, you’ll get a 30 percent credit.
• If you install a system between Jan. 1, 2020 and Dec. 31. 2020, you’ll get a 26 percent credit.
• If you install a system between Jan. 1, 2021 and Dec. 31, 2021, you’ll get a 22 percent credit.

Unfortunately, Florida doesn’t have a state tax credit system in place for in-home solar energy systems. However, you won’t have to pay sales tax if you get a property tax exemption on the solar energy system installed on your home or property. 

If you’d like to save the most on your taxes when you install a solar energy system, it’s best to do it before Dec. 31, 2019. When you’re ready to harness solar energy for your home, call us at 904-GOT-SUN1 (468-7861), and we’ll be happy to set up a solar energy system for you.

About A1A Solar

Founded in 2010, A1A Solar is the No. 1 solar installer in Florida. The company is certified as an NABCEP solar installer and is licensed as a state electrical contractor for thermal and technical sales. A1A Solar was named Veteran-Owned Business of the Year 2016 and voted as one of the Best Places to Work in Jacksonville 2016. To learn more, visit our Solar 101 resources page.

Photo by olia danilevich