Under this new bill, residential, commercial, industrial, and utility-scale solar projects installed in 2021 and 2022 will be eligible for 26% tax credit. This number will drop down to 22% for solar projects in 2023, and disappears completely for residential installs beginning in 2024
We’ve bought a small piece of Heaven on Lake Keowee in South Carolina and are almost finished with the process of building our retirement home there. It’s been a long process and we are now moved in and finishing a few last items like ceramic flooring and wood trim. In the meantime, I will still be taking care of my many Cincinnati clients both old and new, and nothing will change in the immediate future. Long distance work East of the Mississippi will continue on the same basis as before. With panel pricing now below 50 cents/watt for even name brand panels, and inverter prices falling as well, it’s not uncommon to come in around $1.35/watt complete for roof mounted grid-tie systems (before the 26% tax incentive!) so SOLAR is more affordable than ever before. This is now a 5 to 6 year payback! If you’re interested in a DIY Solar project, and you live East of the Mississippi, or anywhere around Lake Keowee, look me up and I’ll be glad to help you save a bundle on grid tie, grid backup, or even off-grid DIY SOLAR PROJECTS!