GO SOLAR NOW, DON’T LOSE OUT!
May is Go Solar Month in Boulder County.
With the Federal tax credit for solar energy slated to be lowered in 2020, now is the time to invest in clean, renewable energy. Currently you can receive a 30% renewable energy tax credit on the purchase of a solar energy system installed this year Renewable Energy Investment Tax Credit. This tax credit will be reduced to 26% in 2020 (and 22% in 2021, before expiring completely for residential renewable energy). What this means for example, is that a $20,000 system installed in 2019 will generate $6,000 in federal tax credits. If that same purchase was made next year (2020) the tax credit for a $20,000 system would be $5,200. By waiting, you’ll forgo $800 in available tax credits!
To sweeten the deal, EnergySmart is offering up to $500 in rebates for a solar system for which a contract is signed between May 1 – June 30 and installed by December 31, 2019. This incentive which is available to only enrolled EnergySmart customers, can be combined with other incentives to further lower the cost to Go Solar now. To learn more and to enroll in EnergySmart, visit www.EnergySmartYES.com/Go-Solar