[Lincolnparkdc] Attempting to go Solar ...any guiding advice?
Mark Jordan
mark at markjordan.me
Mon Aug 5 20:42:13 EDT 2019
Mark,
Just a small additional piece of information - the 30% federal tax credit
applies through the end of 2019. Next year, under current law at least, the
credit drops to 26%. To qualify, the system had to be *installed* by the
end of the calendar year, so you're better off acting sooner rather than
later.
One other note that may or may not be relevant to your decision . The tax
credit is *non-refundable* which means you cannot claim any amount of your
credit greater than your total tax liability.
Good luck.
Mark Jordan
202.525.6732
On Mon, Aug 5, 2019, 2:15 PM Mark <markrichardgrace at gmail.com> wrote:
> Such good info, thanks!
>
> On Mon, Aug 5, 2019, 12:24 PM cynthia whittlesey <
> cynthiawhittlesey at gmail.com> wrote:
>
>> I went with Edge Energy - more expensive but also the most efficient
>> panels on the market at that time (2017). Got the 30% federal tax rebate,
>> but believe it expired at the end of that year. Check out Consumer
>> Checkbook archives for a really good article on going solar. (For reasons
>> I never fully understood, solar solutions declined to give mea bud even
>> though they had previously been one of 2 authorized contractors for the
>> 2016(?) Lincoln Park solar collective. I have a partially shaded roof, and
>> solar covers ca 45% of my total electricity usage, plus I get quarterly
>> SREC payments. Estimated pay-off time 5-7 years.
>>
>> On Mon, Aug 5, 2019 at 12:13 PM Mark <markrichardgrace at gmail.com> wrote:
>>
>>> Sandra,
>>> Perfect, wow...i hope i can still be eligible for that 30%
>>>
>>> On Mon, Aug 5, 2019, 11:46 AM Sandra Caron George <
>>> sandracgeorge at gmail.com> wrote:
>>>
>>>> Hi Mark,
>>>>
>>>> Complete Roofing replaced our roof and worked with Solar Solution, who
>>>> installed our panels after installation of the roof. This was in 2017. If
>>>> you are doing the panel installation and roof replacement at the same time,
>>>> you can claim the 30 percent federal tax credit on the total cost if it’s
>>>> all in one invoice (at least, that was the case in 2017). I don’t know if
>>>> Solar Solution still works with Complete Roofing, but we were happy with
>>>> both companies. Complete’s prices were competitive.
>>>>
>>>> Our contact at Complete is Chris Offonery. His number is 301-770-0552.
>>>>
>>>> Sandra
>>>> 100 block of Kentucky
>>>>
>>>> On Mon, Aug 5, 2019 at 10:23 AM Mark <markrichardgrace at gmail.com>
>>>> wrote:
>>>>
>>>>> Neighbors,
>>>>> Need a new roof and have decided to go the extra mile with a solar
>>>>> system. Any experienced advice?
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