For Southern Nevada home owners interested in solar-power systems but unsure of their capability to obtain regional and federal incentives, Ram Chandran has some tips. “It is less complicated than you think.”
The neighborhood real estate professional purchased an American Patriot Solar energy program for his home in Anthem and received practically $ ten,000 in federal tax credits.
“I bought my technique with 36 panels a few years ago, then added seven far more panels to acquire nearly the maximum advantage from the federal government,” Chandran stated. “You can obtain 30 percent of the net price of your technique in tax credits. But you have to buy the technique, not lease it.”
The residential renewable energy tax credit is available to home owners who purchase solar-power systems for houses in the United States in which they personal and reside. There is no limit to the amount of the rebate, which was previously $ ten,000.
Home owners can take their federal tax credit in 1 year or over two years. To qualify for a credit this year, home owners must buy a solar-power program that is placed in service by Dec. 31.
“We are functioning with several property owners that want to apply the federal tax credit for this year, so we are functioning with them to make sure their new solar systems are in operation by the finish of December,” American Patriot Solar Chief Operating Officer Andrea Vigil mentioned. “Our average time from acquire to installation is 3 weeks, so we encourage interested home owners to schedule their new technique installation within the next two months to ensure a lot of time for you to have the method up and operating by the end of the year.”
Chandran also received a local rebate from NV Power and has taken benefit of AP Solar’s referral plan.
AP Solar performs with its customers to apply for offered regional and federal rebates and incentives. Its installation firm, U.S. Renewable Energy Development, handles permitting and installation.
Vigil stated homeowners can get $ 500 for each new customer they refer.
American Patriot Solar is a Southern Nevada-based solar energy organization. To schedule a free of charge in-home consultation, call American Patriot Solar at 702-227-9205 or visit www.apsolar.com.
All consumers who schedule an in-home solar power consultation will be entered in a month-to-month drawing for a 5-day-four night cruise for two to Mexico, the Bahamas or the Western Caribbean, and local dining certificates.