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re: Getting solar panels today!!

Posted on 5/8/14 at 8:22 am to
Posted by Napoleon
Kenna
Member since Dec 2007
69222 posts
Posted on 5/8/14 at 8:22 am to
quote:

Congrats on the $23 dollars you will save next month.



My neighbor's bill went from $180 to $65 last summer.
I have been thinking about them since. I missed out on the tax credit.

Posted by VetteGuy
Member since Feb 2008
28331 posts
Posted on 5/8/14 at 8:57 am to
State: Louisiana
Incentive Type: Personal Tax Credit
Eligible Renewable/Other Technologies: Solar Water Heat, Solar Space Heat, Photovoltaics
Applicable Sectors: Residential
Amount: 50% of the first $25,000 of the cost of each system
Leased systems installed after December 31, 2013: 38% of the first $25,000 of the cost of each system


Expiration Date: 12/31/2017


Maximum Incentive: $12,500 per installed system; 1 installed system per residence
Eligible System Size: Leased systems: 6 kW maximum
Equipment Requirements: Electrical equipment must be UL-listed. Solar-thermal equipment must be SRCC-certified.
All systems must be compliant with the requirements of the federal American Recovery and Reinvestment Act (ARRA)
Installation Requirements: Systems must be sold by and installed by a person who is licensed by the Louisiana State Licensing Board for Contractors
Carryover Provisions: Excess credit is refundable
Posted by iwasthere
New Orleans
Member since Jul 2010
1882 posts
Posted on 5/8/14 at 9:12 am to
That is nice. Does he pay a monthly fee to the solar company? A friend has them and he has to pay about $50 per month. His bill went from $150 to $90, but add back the $50 and he is saving $10.
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