As a Tesla Certified Installer serving the Greater Rockford, IL area, SOL POWER is dedicated to helping homeowners make informed decisions about their energy systems. One of the essential components in Tesla’s Powerwall backup power solutions is the gateway. But what exactly are the differences between the newer Gateway 3 and the Backup Gateway 1 […]
In Rockford, Illinois, power outages can be a major inconvenience, especially during extreme weather events. With SOL POWER’s Tesla Powerwall 3 services, you can achieve energy independence and ensure your home stays powered, no matter what. As a Tesla Certified Installer, SOL POWER is your trusted partner for Powerwall installations that keep your home secure […]
The IRS is working on implementing the Inflation Reduction Act of 2022. This major legislation will affect individuals, businesses, tax exempt and government entities. We’ll post guidance for taxpayers on all credits and deductions from the Inflation Reduction Act as it becomes available. Please check back regularly for updates. Energy-related credits and deductions For an interactive […]
Eligible contractors who build or substantially reconstruct qualified new energy-efficient homes may be able to claim tax credits up to $5,000 per home. The amount of the credit depends on factors including the type of home, its energy efficiency, and the date when the home is acquired. On this page Who is eligible Eligible contractors […]
Office of Energy Justice and Equity Program Updates Applications submissions for the 2024 Program Year of the Low-Income Communities Bonus Credit Program are currently being accepted on a rolling basis. DOE will review applications and provide recommendations to the IRS in the order applications are received. View the DOE Applicant Portal. Learn more: U.S. Department of the Treasury […]
Qualifying energy projects that also meet other specific criteria may be eligible for additional tax credit amounts (also known as bonuses). Check back for details on these bonuses.
Federal Investment Tax Credit The following federal income tax credits are available to anyone who purchases Powerwalls, solar panels and Solar Roof. As of 2023, Powerwall, with or without solar, qualifies for the Investment Tax Credit. You should always consult your tax professional for your specific situation. Solar + Powerwall Residential Federal Investment Tax Credit Standalone Powerwall Residential Federal […]
These expenses may qualify if they meet requirements detailed on energy.gov: The amount of the credit you can take is a percentage of the total improvement expenses in the year of installation: Get details on the Residential Clean Energy Credit. EQUIPMENT TYPE TAX CREDIT AVAILABLE FOR 2023-2032 TAX YEARS Home Clean Electricity Products Solar (electricity) 30% of […]
The Illinois Solar for All (ILSFA) program is dedicated to building a diverse and skilled workforce in the clean energy sector, especially in underserved communities. One of the key components of this initiative is the focus on ILSFA Eligible Job Trainees, who gain valuable hands-on experience in solar and energy efficiency projects. Working with a […]
Job site zoning is a crucial aspect of construction and energy project management, especially in the clean energy sector. Proper zoning ensures that a work site is organized, safe, and efficient, which is essential for the successful completion of any project. Whether you are installing solar panels, retrofitting a building for energy efficiency, or setting […]
