Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
Post image 7
Post image 8
Post image 9
Post image 10
Post image 11
Post image 12
Post image 13
Post image 14
Post image 15
Post image 16
Post image 17
Post image 18
Post image 19
1 / 19
0

Tax credits for solar panels are available, but the catch is you can't own them

NPR·Jeff Brady·6 months ago
#PXA8t4
Reading 0:00
15s threshold

Solar States owner Micah Gold-Markel carries a solar panel from a truck to the house where it will be installed. Jeff Brady/NPR hide caption toggle caption Jeff Brady/NPR PHILADELPHIA — On a recent cold morning, Micah Gold-Markel helped his installation crew hoist new solar panels onto the roof of a two-story, red brick house. The installation was like many others his company, Solar States , has performed since 2008, with one big difference: This time, the homeowner isn't buying the panels. Instead, the homeowner will lease the panels from another company, called Palmetto . For most of his own company's history, Gold-Markel avoided leasing. With these arrangements, sometimes called subscriptions or power purchase agreements (PPAs), a third party owns the panels and leases them back to the homeowner. But last summer, President Trump signed legislation that ended federal tax incentives that had cut at least 30% off the price of purchased panels. Similar incentives for leased panels remain .…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More