Along with net metering, the Federal solar tax credit is the main incentive available for homeowners who get solar in Virginia.
The solar Investment Tax Credit (ITC) is a 30 percent tax credit for solar systems on residential and commercial eligible properties which have commenced construction through 2019. The ITC then steps down to 26 percent in 2020 and 22 percent in 2021. After 2023, the residential credit will drop to zero while the commercial and utility credit will drop to a permanent 10 percent.
We are happy to talk with you about how much the ITC might save you on a solar system sized for your home. Just fill out our Free Quote form and we can get started.