President Trump officially signed the Stimulus Bill. This legislation has several benefits that are designed to boost investments in clean energy. Let’s dive into the the solar tax incentives!
With the passing of the new stimulus bill comes amazing news for Everlight Solar customers. Under this new law, solar customers installed in 2021 will be eligible for a 26% federal tax incentive instead of just 22%.
For our customers that have installation dates in 2021, this means that you will be eligible to receive even more incentives than initially planned! As one of the hundreds of Everlight Solar customers that received this late Christmas gift, you have a couple of options for how to use these surprise tax incentives:
A) Pocket the extra tax incentives and apply the 22% toward financing as initially planned.
B) Put the full 26% down towards your financing to bring your payments down even lower than was planned at your 18-month re-amortization.
C) Buy a speed boat!
No action is required from you until tax season in 2022.
Have a wonderful and happy New Year!
Need another reason to make the switch to solar? Read more on the full benefits of solar!