Solar energy credit

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  • taxfun
    Junior Member
    • Jul 2007
    • 15

    #1

    Solar energy credit

    I have not been able to tie down whether, or not, the solar energy credit has been extended through 2008. Anyone have somehting to hang my hat on?
  • Gene V
    Senior Member
    • Jun 2005
    • 1057

    #2
    Originally posted by taxfun
    I have not been able to tie down whether, or not, the solar energy credit has been extended through 2008. Anyone have somehting to hang my hat on?
    Solar Energy Systems
    Tax credits are available for qualified solar water heating and photovoltaic systems. The credits are available for systems "placed in service" from January 1, 2006 through December 31, 2008. The tax credit is for 30% of the cost of the system, up to $2,000. This credit is not limited to the $500 home improvement cap.
    ENERGY STAR makes it easy for consumers and businesses to save money and protect the environment.

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    • taxfun
      Junior Member
      • Jul 2007
      • 15

      #3
      Got the law

      Thanks Gene V. for your response. The Tax Relief and Health Care Act of 2006 extended the credit until 12-31-08.

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