How the Solar Investment Tax Credit Works

You may have heard lots about the Solar Incentive Tax Credit (ITC) when purchasing your solar system but are a little unsure exactly how it works. In short, the ITC allows you to deduct up to 26% of the cost of your solar energy system from your federal taxes. This is in fact one of the main benefits of financing your solar system opposed to signing a lease or PPA where you will not receive this lucrative tax credit ...

How to Claim the Federal Tax Credit

Now that you’ve determined you are eligible for the Solar Incentive Tax Credit (ITC), you are most likely wondering where to start to claim your credit. First off, you will need to complete the IRS Form 5695, “Residential Energy Credits” in order to claim your credit. Then, you will need to add your renewable energy credit information to your 1040 form. Below is a helpful walk through of how to complete the 5695 Form and claim your Solar ITC. ...

Hollister, CA Solar PV Installation

Dividend provided PACE (Property Assessed Clean Energy) financing to Eden Rift Vineyards for the installation of 236.4 kW of rooftop solar PV and ancillary measures in order to enable the system. The project is furthering Eden Rift’s energy use reduction goals by offsetting 100% of its annual usage. Dividend financed 100% of project costs, enabling Eden Rift to preserve its working capital for investing in its business. ...

Is Spending More Time at Home Causing Your Energy Bill to Increase? Here's How to Save Money.

Spending more time at home during quarantine gives you more time to reconnect with your family, and it's an opportunity to go over your home maintenance checklist. You've probably noticed that your energy bills are going up and that you're putting more wear and tear on your appliances now that everyone is at home during the day. ...