Last Year for Solar Federal Tax Credit 2019
Solar tax credit was introduced some time ago and it’s one of the most talked about home improvement project for the last few years. Companies were created to take advantage of the tax credit, and help as many homeowners as they can to use the tax credit to get new solar panels on their roofs. You might have heard about solar, or even considered an estimate to see if it even makes sense for your home. Novel Remodeling provides free estimates for homeowners that are interested in working with a solar installer in Los Angeles.
Our solar installers and project managers know that adding value to homeowner’s property, helping get financing and tax credits will push more and more homeowners to choose us for their solar installation in Los Angeles, CA. Our free solar estimate help homeowners understand the costs of solar, limitations of solar, and help homeowners get the funding they need to start today. Start today with Los Angeles local solar installer today.
Solar Tax Credit 2019
2019 is the last year that the federal government is willing to give homeowners in California a tax credit of 30%. What does this mean to us?
The average cost for a solar installation in Los Angeles County is approximately $19,250 - $32,450 depending on size, materials and labor. A tax credit of 30% for a smaller system of a price tax $19,000 would give a homeowner a credit of $5,700. If you have a small business that pays taxes, you can get $5,700 back.
ALERT: 2020 solar tax credit is going to shrink in size. No longer can we apply for solar tax credit and get 30%.
If you ever considered solar, this is the best time to get started. Solar installers are motivated to sell solar. Solar incentives are running out.
Who Benefits the Most from Solar?
Homeowners need to be paying a significant amount for electricity each month to truly benefit from solar in the short term. If you spending at least $150 or more, then consider solar for you’re home. In the long term, solar is for everyone that finds value in free energy. New homeowners will definitely pay more for homes that have solar. Solar adds value to homes up to 60% of cost for solar. Solar can help homeowners save that $150 a month and invest that into another remodeling project that can add even more value like garage conversion, patio cover, or sun room. Solar prices are at an all-time low now and incentives can pay for a noteworthy amount of the costs. Schedule a free estimate with us and save an additional $1000.00