Frequently Asked Questions

A solar consultation is basically what it sounds like…a consultation about solar. Here’s how it works: A representative will visit you, or call you, and talk to you about the benefits of installing a solar energy system on your roof. A solar consultant will help explain renewable energy systems and resources. Determine power needs, and use our system to determine the actual costs and rate of return on solar systems.

Saving energy is not only good for the planet but also good for your bank balance. Powering your home through renewable energy can save money on your current and future electricity bills, enhance your property value, and lower your carbon footprint. Other benefits include:

  • Store your Own Energy with Solar
  • Control Your Energy
  • Eliminate expensive electricity bills and control how much you pay for your energy
  • Pay for your Panels over time with an affordable monthly payment
  • $0 upfront costs for the equipment and installation of your customized solar system

You may have heard that there are tax credits and financial incentives for installing renewable energy products like solar panels in your home. But how do you know what those incentives are? Which products qualify?

Let’s break it down.

FEDERAL SOLAR TAX CREDITS

The federal government offers a federal income tax credit for a percentage of the cost of your solar photovoltaic (PV) system and battery backup, such as KOHLER Power Reserve. To qualify, the system must:

Located at your primary or secondary residence in the United States

  • Be owned, not leased, by you (monthly payments toward ownership qualify)

The credit can only be claimed on the original installation. That means that any additions to your solar array after the first year are not eligible for the tax credit. Energy storage systems without solar panels are also ineligible for the federal solar tax credit.

The tax credit ranges from 26% – 30%, depending on when your system was installed. This credit is a reduction in the amount of federal income tax you owe. For example, if you qualify for a credit of $3,000, the amount of taxes owed will be reduced by that amount. Here is a guide to understanding how much you could save:

  • Solar panels installed before December 31, 2019, qualify for a 30% tax credit.
  • Solar panels installed between 2020-2021 qualify for a 26% tax credit.
  • Solar panels installed between 2022-2032 qualify for a 30% tax credit.

Note: Power Reserve is not eligible for a tax credit without an accompanying solar system.

To qualify for the 30% Residential Clean Energy Credit, your solar system needs to be installed and deemed operational by a city inspector in any of the tax years 2022-2032. The 30% credit applies retroactively to systems installed in 2022 when the credit was still at 26%.

Even though physically installing a solar system usually does not take more than a single day, many homeowners do not realize that a solar project may take weeks to complete after contract signing. This is due to factors such as permitting, financing approval, utility approval, and so on.

While you don’t have to worry about the tax credit stepping down for another 10 years, there are plenty of reasons to install solar sooner rather than later. First, the sooner you install, the sooner you will see a return on investment. Second, net metering policies are subject to change over time, so it’s best to lock net metering while it is available.

The Federal Government provides a tax credit to business owners that invest in solar. Businesses receive a tax credit that accounts for 30% of the cost to install solar on their establishment.

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