Home Solar Advocacy Publication

Tax Benefits For Solar Panels Pros And Cons

Tax Benefits For Solar Panels Pros And Cons

The Tax Pros of Home Solar Panels

1. Federal Income Tax Credit for Solar Panels 26%*

2. No Sales Tax For The Purchase Of Solar Panels

3. No Home-Improvement Property Tax Assessment

The Tax Cons of Home Solar Panels

1. No Federal Income Tax Deduction For Panels or Interest

*Requires Your Income Taxes Are Greater Than Total Tax Credit. If You Are Uncertain, Consult A Tax Expert To Determine If You Qualify.

Not Surprising, The Pro's Outweigh The Con's For Solar Panels

The Tax Benefits For Solar Panels Pros And Cons; the benefits of home solar panels far outweigh the fact solar panels aren’t tax-deductible. Using $20,000 for solar panels as an example for those who qualify, your system costs $14,800 after applying the Federal Solar tax credit. An additional 7% savings because there isn’t a sales tax. An increased value of your home without an increase in taxes. The tax benefits help create a greater return on investment with solar panels, and cash buyers save a bundle on interest.

There's Obviously No Real Downside for Purchasing Solar Panels In 2021

If you are considering installing home solar, I can’t imagine a better time to do it. Solar panel prices are more efficient, the tax credit offers huge savings, and the lower cost of electricity offers the perfect investment. It appears that electricity is only going up, but solar panels are a fixed predictable cost offering peace of mind that the cost of power isn’t going up.

Florida uses Grid-Tie solar, which means every kilowatt produced by solar panels is credited at full retail by the power company. Grid-Tie solar means the power company lets you use their storage for solar power produced for a service charge. Grid-Tie eliminates the need for a battery storage system.

The method of lowering the cost of solar panels through tax incentives seems to be very effective for the promotion of home solar panels. No sales tax and no home improvement property tax assessment is an added bonus.

"Your Solar Advocate" Has a Target Price for a Complete End To End Home Solar System for $2.75 Per Watt Installed In Florida!

“Your Solar Advocate” provides Upfront Pricing before you meet with a home solar contractor. This will give you something to compare against any other home solar proposal you receive. Our service is free, and you can use it to determine what will work best for you. Many solar contractors in Florida don’t like to provide the most important information without meeting you first and running a credit check. Avoid dealing with high-pressure sales techniques to get the answers to your questions. Our service reverses the process of going solar by providing upfront pricing directly from the contractor without all the structural costs of managers and sales managers. We get you the very best pricing from the very best home solar contractors, and the process is completely transparent. Please complete the form and provide your address and daily kilowatt consumption to receive an accurate solar system price in advance of any meeting.

Hello I’m Ron Hunnewell Owner and founder of Florida Solar Report

I have created Your Solar Advocate to connect you with the industry’s very best Home Solar Installers. You have many choices and may not be certain whom to work with? As Your Solar Advocate representing your interests, “I Cut Out The Middle Man” and set you up directly with the very best in the business! The best quality solar panels, Installation all for the lowest cost!

Get The Best Solar Contractors!
Get The Lowest Price In The Market!
Make The Most Profit From Home Solar!