When my sister installed solar panels, she called me confused about her first electricity bill. She had expected it to be much lower. What she had not accounted for was that her system was producing more electricity than her household could use during the day — and her utility was crediting her for the surplus …
There is a question that appears on our calculator site more often than almost any other: ‘What is an ITC solar credit calculator and how do I use one?’ The answer matters because the federal Investment Tax Credit can be worth $5,000 to $11,000 on a typical residential system — and knowing how to calculate …
When two homeowners in different states install identical 8kW solar systems for the same gross cost, they can end up with dramatically different net costs — not because of anything they did differently, but because of where they live. A homeowner in New York who stacks the federal 30% ITC with the NY-Sun rebate, the …
Last spring a homeowner contacted our site after receiving her final solar invoice. The total was $26,800. She knew about the 30% federal tax credit but was not sure exactly how to calculate it — specifically whether it applied to the full $26,800, whether the $1,400 battery she had added was included, and what would …
There is a moment in most solar purchases when the financial case shifts from ‘interesting’ to ‘compelling’. For most US homeowners, that moment is when they calculate what the federal solar tax credit actually means in dollar terms for their specific system. On an average 8kW system costing $24,000 gross, the 30% federal credit is …