The Residential Clean Energy Tax Credit – Is it refundable?

Essentially every single homeowner in U.S. who purchases a solar PV system for their home is going to be applying for the Residential Clean Energy Tax Credit (also often called the Investment Tax Credit or ITC), currently a 30% federal tax credit. Solar sales professionals need to understand the basics of this tax credit, so […]

May 1st, 2024|Categories: Solar, Solar Business Growth, Solar miscellaneous, Solar Sales & Marketing, Uncategorized||

The Four Categories to Qualify for the Low Income Community Bonus Adder

The Low Income Community Bonus Adder provision in the Inflation Reduction Act is different from all the other bonus adders and the Investment Tax Credit (ITC) itself, because it is an allocated credit. That means there is a limited number available. 

There is a cap of 1.8 gigawatts annually that will be allocated, or awarded, to […]

What is the Purpose of Manufacturer’s Warranties?

When prospective solar customers are making financial decisions about their solar equipment, understanding the purpose and coverage of manufacturer warranties is crucial for ensuring peace of mind and long-term reliability. These warranties serve as a promise from manufacturers to stand behind their products, offering protection against defects, performance issues, and unexpected failures. 

In the video and […]

What is the Residential Clean Energy Credit and IRS Form 5695?

If a homeowner is purchasing solar for their home in the United States, undoubtedly, they will want to apply for the Residential Clean Energy Credit. Solar sales professionals need to understand the basics of this tax credit, so that it can be clearly explained to prospective residential solar customers. Of course, all customers should still […]

February 12th, 2024|Categories: Solar, Solar Business Growth, Solar miscellaneous, Solar Sales & Marketing||

New Course Announcement: Customer Contracts & Agreements

Residential solar systems come with contracts that span 20-25 years. Solar company staff need to become experts in each of the agreements and contracts that are utilized in the development and execution of residential solar construction projects, so that they can communicate these details clearly to their customers. Understanding key components and the role that […]