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Tax Credits & Incentives
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Federal and state tax credits can significantly lower installation costs.
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Some local utility companies offer rebates for solar panel installations.
Governments and utility companies offer financial incentives to make solar more affordable. The Federal Solar Investment Tax Credit (ITC) allows homeowners and businesses to deduct a percentage of their solar installation costs from their federal taxes. Many states also offer additional incentives, such as property tax exemptions, sales tax exemptions, and cash rebates. These programs help lower the upfront cost and increase your return on investment.
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