New Orleans Solar Incentives and Tax Credits
Federal: There is a 30% Investment Tax Credit for solar which has been beefed up in 2009 and doesn’t have a cap. This is a tax credit (better than a deduction) equal to 30% of your out-of-pocket expense when going solar.
State: Louisiana has a massive 50% tax incentive for going solar. It’s probably the best incentive in the nation. It is in the form of a state tax credit, but really, it’s a rebate. The reason I say that is because if you don’t have the tax liability, they send you a check as an overpayment. The best part is that the state program has considerable funding that should last at least until the end of 2009 and probably beyond.
Now is a great time to go solar! Sign up if you’re interested in getting solar on your home in New Orleans at discount.
The more people that sign up, the more everyone saves!
