Phone Icon

CALL US

Email Icon

EMAIL US

Looking for a solar contractor?
We're here to help!
(207) 464-8073

Maine Solar Solutions does not provide tax, legal, or financial advice. Please consult with a tax professional for details.

Solar electric systems qualify for a 30% federal tax credit. This applies to both residential and commercial solar PV systems. This credit is a dollar-for-dollar tax credit and will reduce the amount of tax owed by the system owner before any deductions are applied.

The current federal solar tax credit:

2018 – 2019: The tax credit remains at 30 percent of the cost of the system.

2020: Owners of new residential and commercial solar can deduct 26 percent of the cost of the system from their taxes.

2021: Owners of new residential and commercial solar can deduct 22 percent of the cost of the system from their taxes.

2022 onwards: Owners of new commercial solar energy systems can deduct 10 percent of the cost of the system from their taxes. There is no federal credit for residential solar energy systems.

Maine Solar Solutions does not provide tax, financial or legal advice. Please consult with a tax professional for details.

Interested in learning more about our process and what it takes to go solar in Maine? Contact us or call (207) 464-8084 today.

245 Brown Rd
Durham, ME 04222

Copyright © 2019 | Portland Website Co. All rights reserved. | Privacy Policy
Facebook Icon LinkedIn Icon