Renewable Energy Tax Credits
LAST CHANCE TO TAKE ADVANTAGE OF THE 30% FEDERAL
TAX CREDIT WHICH WAS EXTENDED TO 2032.
For the past 13+ years the renewable energy sector exploded in growth in no small part due to the Federal Investment Tax Credit which currently at 30%. This is a dollar for dollar credit towards your IRS liability. If your unable to use all of your eligible credits in year one, You can carry the credits forward for up to 5 years. ( Businesses are able to carry forward up to 20 years.)
Arizona Residents also receive a one time renewable energy Credit of $ 1,000.00 on either Photovoltaic Solar, thermal or Wind.