General Benefits:
|
Residential/Commercial*** Tax Credits:
|
* Tax credit reduces to 26% for systems placed in service after 12/31/19 and before 01/01/21.
Reduces to 22% for systems placed in service after 12/31/20 and before 01/01/22.
** In South Carolina, this can be carried over for a maximum of 10 years and a total of $35,000.
***Businesses may qualify for accelerated depreciation, increasing profitability of solar project.
Reduces to 22% for systems placed in service after 12/31/20 and before 01/01/22.
** In South Carolina, this can be carried over for a maximum of 10 years and a total of $35,000.
***Businesses may qualify for accelerated depreciation, increasing profitability of solar project.