The gubmint tax incentive program in the U.S. got extended through 2021 I thought, then it would be phased out. That's when you'll see solar power installations either drop like a rock or come up with some other rebate program. If you lease, 1) you're not too smart and 2) the 3rd party company gets the tax incentives. You don't. There may be state incentives too, so always check into that if you want to go that route.
Here's the latest details....
2016 – 2019: The tax credit remains at 30 percent of the cost of the system.
Here's the latest details....
2016 – 2019: The tax credit remains at 30 percent of the cost of the system.
- 2020: Owners of new residential and commercial solar can deduct 26 percent of the cost of the system from their taxes.
- 2021: Owners of new residential and commercial solar can deduct 22 percent of the cost of the system from their taxes.
- 2022 onwards: Owners of new commercial solar energy systems can deduct 10 percent of the cost of the system from their taxes. There is no federal credit for residential solar energy systems.