There are several benefits that come along with the installation of a quality solar system. In addition to the immediate savings that you’ll see on your monthly energy bill and the environmental benefits, there is also a chance that you’ll see state and federal tax benefits as well. If capitalizing on the state or federal tax benefits that come along with your Arizona solar system is something that interests you, our team of professionals at Olympus Solar will do what we can to help you meet the necessary qualifications. We want to make sure that you get all the benefits that you paid for when you had your solar system installed.
To qualify for the 30 percent federal residential renewable energy tax credit, you must meet all the following requirements:
This last point isn’t quite as apparent as it might seem since many homeowners today lease their solar systems through third-party companies. However, when that is done, the company you're leasing from will get the tax credit instead of you. By contrast, homeowners that buy their panels outright or finance them with a loan get to claim the tax credit.
As an established solar panel company, we are dedicated to helping our clients reach the goals they have for their residential properties
We are a premier solar panel company because of our solar power systems, and the services that come with them, which are designed to fit the needs of our clients.
In addition to the federal tax benefits that a solar system on your Arizona property can bring, there is also a state tax benefit as well. To qualify for the 25 percent solar tax credit that the state of Arizona offers you must meet the following requirements:
Whether you knew that a new solar panel system would provide tax benefits or not, it's great to have all the recent information to ensure you get the necessary credit due to you. If the thought of a state or federal solar tax credit interests you, feel free to contact us for a free, no pressure consultation.