DEFEND THE ITC

As of right now, the Investment Tax Credit is set to “step down” at the end of 2019. Read our blog to learn why it’s important that we defend the ITC and have it extended.

WHAT IS THE ITC?

The Investment Tax Credit (ITC), otherwise referred to as the Federal Solar Tax Credit, allows you to deduct 30% of the total cost of solar panel installation from federal taxes. This tax credit applies to both residential and commercial systems alike. Additionally, there is no cap on the value of the systems.

The ITC was established by the Energy Policy Act of 2005 and was set to expire at the end of 2007, but due to its popularity and effectiveness, Congress has extended it several times. Currently, it is set to gradually expire starting in 2019 and will cease to exist for residential systems by 2021. See below for a diagram of the changes:

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SOLAR, ENERGY STORAGE, & EV CHARGING STATIONS

We are a San Diego-based solar energy production and energy storage installation company. We have been an energy innovator since 2001 and can handle projects from solar-only arrays to micro-grid solar and storage systems with on-site EV charging stations. 

If you’re looking into the benefits of on-site energy production, energy storage, or EV Charging capability, we’d love to speak with you. We’ll show you how to lower and stabilize energy costs, receive the maximum incentives, open new revenue streams, and gain control over one of the largest expenses of your business or commercial property. 

Click here to be contacted by an HES Renewables representative, or simply dial us at 866-HES-RNEW (866-437-7639).

Robert Laverty

Senior Energy Consultant, Residential

Robert Laverty joined the HES team in the summer of 2018, bringing his ten years of solar design experience and his Bachelor’s degree from the University of Puget Sound with him. Robert is dedicated to finding solutions to help families produce and store electricity in order to reduce their reliance on grid power as well as help reduce their household’s carbon footprint. Robert’s experience as a newspaper editor as well as his involvement with the sustainability-focused Rocky Mountain Institute drives him to constantly seek out innovative ways to meet energy needs through renewable resources as well as helps him share those ideas with Southern California homeowners. When not at work or volunteering time with his church or community, Robert spends time with his wife and two sons or pursues his passion of fly fishing.

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