Energy saving tax credits

With the fiscal cliff looming, Congress will be cutting various tax incentives. This may be a good time to add solar panels to your house and collect both federal and state income tax credits. Solar tax credit:
Federal: 30% of cost of solar panels & installation
http://www.wholesalesolar.com/federal-tax-credit.html
Utah: http://energy.gov/savings/renewable-energy-systems-tax-credit-personal
state income tax credit up to $2,000 for 25% of cost of residential solar
Plug-in vehicles are also eligible for a $2500 federal income tax credit. If you are in the market for a new vehicle, check out the plug-in Prius. See: http://www.irs.gov/Businesses/Qualified-Vehicles-Acquired-after-12-31-2009

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Energy saving tax credits

Reviewed by citra
Published : 2012-11-20T21:00:00-08:00
Rating : 4.5