How Does The Solar Tax Credit Work

Federal Solar Tax Credits

On October 3, 2008, President George W. Bush signed into law the Emergency Stabilization Act followed by President Barack Obama signing into law the American Recovery and Reinvestment Act of 2009 (ARRA) on February 17, 2009.

The combined effect of these two laws provides a 30% tax credit on both the purchase and installation of qualifying products in renewable technologies such as solar electric property, residential solar water heating, qualified small wind energy and qualified geothermal heat pump energy, among others.

Under these laws VELUX Solar Powered Fresh Air Skylights, and other eligible VELUX Skylights with Go Solar, as well as VELUX residential rigid Sun Tunnel® with the solar night light, and VELUX Solar Powered Shades qualify under “Solar Electric Property” expenditures when purchased and installed from January 1, 2009 through December 31, 2032.

If you are interested in checking into the details on “Federal Solar Tax Credits” with new Skylight Panel for you home then  please fill out the form below so that we can contact you to schedule an onsite inspection and estimate for free on your home.

Velux has an online estimator at this link Velux Skylight Website Estimator for the latest tax credit.

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