That is 30% of your costs. Federal Tax Credit for Solar Photovoltaics, AKA Investment Tax Credit (ITC) is a credit that can be claimed on federal income taxes for 30% of the cost of a solar photovoltaic (PV) system (and other approved clean energy equipment). This tax credit allows the purchaser to recoup 30% of the cost of the solar in the form of a federal tax credit. This credit is not a refund, however, you may be able to apply the remainder of the credit toward taxes owed in subsequent tax years. We are electricians, not tax advisors, so please talk with your tax professional to really understand how this can benfefit you..
We have years of experience that allows us to confidently discuss your electrical usage and system size requirments.
We are experts in installation and job coordination. From permitting to installing panels on your roof top or ground mount we do it all.
We work with a seasoned solar system architect to make sure your system is designed right.
Your system from Raceway Electric comes with solar monitoring. Always know your system is working hard for you.
Raceway Electric has been providing solar systems to home owners and property managers all over San Diego county. Solar and electrical services go hand-in hand. It is easy to get started and we will design your custom solar system to fit your unique needs—we do it all from design to installation.
To begin, all we need is a copy of your electrical bill! Give us a call and we can talk system size, pricing, and financing options.
Solar is affordable! Looking for financing options? We can help. Raceway Electric has partnered with a local credit union to bring you competitive rates on solar loans in a streamlined easy process. We are also a registred contractor with the HERO program.
Raceway Electric & Solar has partnered with San Diego’s #1 solar financing lender.
HERO is a local government-approved program that makes energy-efficient and water-saving home upgrades affordable for homeowners. HERO offers 100% financing up to your approved amount, and payments are made along with your property taxes—and you repay the full amount over time.
* Please contact your tax advisor to determine if you may be eligible for tax benefits.
San Diego Metropolitan Credit Union offers specific energy efficient improvement home loans. Their loans are perfect for anyone looking to finance home solar. They offer competitive rates and Raceway Electric is a certified solar contractor with San Diego Metropolitan Credit Union.