Your total savings depends on a few key variables. However, your investment in a solar system consistently promotes 2 financial outcomes…
There are 3 main areas in which you would save money by purchasing your solar system from Solgen.
In August 2022, the federal government increased the federal tax credit for solar power systems on homes and businesses to 30%. This incentive applies to solar power systems installed between 2022 and 2032.
The solar tax credit is a dollar-for-dollar credit against your tax liability that helps you recoup a portion of what you spent on your solar system.
To calculate it…
Potential Tax Credit = $12,000
Federal Income Tax Withheld = $15,000
Qualified Tax Credit Amount = $12,000
Customer getting photo taken with their new solar panel
Our financing program is one of the primary ways we differentiate ourselves from other solar power providers. When we say “$0 Down Financing,” we mean $0.
To qualify, applicants must…
Upon approval, we connect you to our In-Home Financing options or a 3rd party bank that provides loans specifically for solar power systems. This program takes the federal tax credit into account and creates a fixed, flat payment. You can pay off the loan at any time, and there are no prepayment penalties.
Take our solar quiz to see if your home qualifies in just a few minutes!
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