Unlimited Tax Breaks for Solar, Wind or Geothermal Installations
Add a comment Wednesday, June 17, 2009
Now you may have a big incentive to “Go Green.” There is a new 2009 law that gives you uncapped and unlimited tax credits for installing qualified solar, wind, or geothermal energy improvements in your home, or other residence. For each 2009 dollar you spend, you earn a 30 percent tax credit and there is no limit on the credit. You have plenty of time too, because the credit does not expire until December 31, 2016! Tax credits are the best because they reduce your taxes dollar for dollar. See your CPA for all the details.
