Tax Credit | Renewable Energy Systems

Is There A Tax Credit For Solar Panels?

 

Yes, solar panels can qualify for a tax credit.

 

How much:    26% of the cost (including installation costs), with no upper limit.  This credit decreases to 22% for tax year 2021.

 

  Tax credit in effect between January 1, 2009 and December 31, 2021

 

How to apply:  Simply file Tax Form 5695 with your tax return 

Have questions?  We can help!

 

Is There A Tax Credit for Wind Energy?

 

Yes, small wind units qualify for tax credit!

 

No Maxiumum Credit on New Installs!

 

The home served by the system does not have to be the taxpayer’s principal residence.

 

How to apply:  Simply file Tax Form 5695 with your tax return

USDA grants are available to pay for 25% of your systems installed cost.

Call us today and see if you qualify.

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Renewable Energy Systems of Alaska

RES Anchorage

145 West Dimond Blvd
Anchorage, AK 99515

Phone:(907) 561-7941

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RES Fairbanks

1698 Airport Way
Fairbanks, AK 99701

Phone:(907) 458-8000

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