FEDERAL TAX CREDIT
Available for commercial and residential solar systems placed in service by 12/31/19. The credit amount is uncapped and equal to 30% of total system cost. Claim the 30% tax credit by beginning construction in 2019.
Under the 2018 tax plan, benefits can be taken all in the 1st year and equal about 20% of solar project costs. Taken together, tax benefits for commercial solar projects reduce costs by about 50%.
USDA offers a 25% grant for solar systems. EIG Solar has grant writers on staff, and our grant approval track record is 98%. Next USDA REAP grant application deadline is October 31, 2019.
The SBA (Small Business Administration) and local banks, have approved Energy Independence Group as a vendor for energy upgrades and solar solutions. Call today for special rates and programs.