What is a tax credit?
A tax credit is a dollar-for-dollar reduction in the income tax you would otherwise owe. For example, claiming a $1,000 federal tax credit reduces your federal income taxes due by $1,000. The federal tax credit is sometimes referred to as an Investment Tax Credit, or ITC, though is different from the ITC offered to businesses that own solar systems.
You may already know all the benefits of GAF Solar Roofing Shingles; GAF Solar Shingles are made from 100% recycled material, reduce carbon emissions, and conserve valuable environmental resources. But did you know there are ways to get Solar Shingles put on your Westchester home and enjoy cost-savings while doing it?
Thanks to the Residential Clean Energy Credit, you can and we can!..and we help educate you
on how.
What Is the Residential Clean Energy Credit?
Simply put, installing qualified solar energy equipment in your home, now through 2032, offers a nonrefundable credit off your federal income taxes, equal to 30 percent of all eligible expenses. Further, you can use this credit whether you itemize or take a standard deduction.
So not only will the credit lower your federal taxes, it will also lower your electricity bills, as GAF Energy Solar produces electricity at a lower cost than your utility company, and will pay for itself overtime.
A great incentive, given the challen1ing winters in Westchester. Also imagine the enhanced value of your home when you choose to sell.
Why B & W Group Inc.?
The Office of Energy Efficiency & Renewable Energy (EERE) suggests the careful selection of your solar installer, ensuring that they are licensed and certified by a reputable organization.
We are very proud to offer our clients GAF’s golden pledge and Solar Max warranty. This guarantees that your entire roof system will be made from GAF material through a single manufacturer, with a 50-year warranty against manufacturing defects and 25 year missapplication coverage.
What Else Should I Consider Before Moving Forward?
The EERE also suggests you ensure your roof can support solar shingles ; assess its condition, review your electrical needs; and evaluate your finance options.
All good things to consider. We are here to help. For more than four decades, we have served Westchester County with exceptional services, offering ecologically focused products and expert guidance geared to each individual client and home.
We have one more reason why you should consider our GAF Timberline Solar Shingles. Substantial savings through the Residential Clean Energy Credit.
