Enjoy The Benefits Of Solar Incentives
Are you ready to save money on your utility bill and take advantage of all the incentives that come with a residential solar panel system? Merrimack Solar is here to help you. We would love to consult with you and go over the many benefits of a high-quality home solar panel system. Call us at 978-645-1261 to get started today!
Universal Nationwide Federal Tax Credit 26%
The federal residential solar energy credit is an outstanding tax credit that you can claim on federal income taxes for a percentage of the cost of a solar photovoltaic (PV) system. The solar panel system must be installed during the tax year and produce electricity for a home located in the United States.
Massachusetts $1,000 State Incentive
Do you live and own a home in Massachusetts? When you purchase a new home solar system in Massachusetts, you will be eligible for a 15% credit of the final cost of your solar installation against your income taxes. The tax credit is limited to a $1,000 state tax reduction. You can carry over any excess credit amount to your income taxes for up to three years.
Demand Response Incentive Program For Solar Battery Owners
This program is exciting for homeowners because it provides an upfront payment of thousands of dollars to add a solar battery and gives you the best solar savings program possible, increasing the benefit of sending solar electricity back into the grid. Incentives are based on the average kilowatt (kW) used per event, averaged over the season.
Do you love the sound of these incentives? If you answered yes, call us at 978-645-1261 to learn more about the incredible benefits of a solar panel system for your home.
