Wednesday, January 6, 2016

If you're an American and want to maximize the tax credit available for solar panels, there is a new time horizon.

If you're an American and want to maximize the tax credit available for solar panels, there is a new time horizon.

Originally shared by David Fuchs

Neat thing about this is, the tax credit phase out occurs around the time solar beats all other power supplies, on cost per kW/hr in the US. Based on PV cell production forecasts and the associated kW/hr cost trend lines. (the 30% rule)

"In case you missed it over the holiday, Congress passed a new federal budget, notably extending tax credits for solar, wind, and other renewable energy technologies. The extension differs from previous ones in two ways: it extends the credits for multiple years but also (as ILSR has been discussing since 2012) phases them out over time."
http://cleantechnica.com/2016/01/05/congress-gets-renewable-tax-credit-extension-right/

1 comment:

  1. You need to get rid of clouds and flooding for solar power and build generators for electricity in boats so that when it floods the generator will stay above the water line

    ReplyDelete

Now I'm doubly intrigued!

Now I'm doubly intrigued!