Bruce
Herd Master
That is the catch-22. States want to cut down on fossil fuel use but even though solar is cheaper now than it was 10 years ago, it still costs. Where are they going to get the money to pay to put panels on everyone's roofs?(*)
Federal tax credits dropped to 20% (from 30%) this year but to make any use of that you have to have enough taxable income to owe that much in taxes (though it can be carried forward). That leaves out the lower income, maybe even a lot of middle income, (no idea the definition of those terms) people ... and renters? What landlord is going to pay for solar since they won't benefit personally given most often the renter pays the electric bill.
* Well, not Fred's roof, unless he cuts down a LOT of those really tall trees! Panels in shade don't produce electricity.
Federal tax credits dropped to 20% (from 30%) this year but to make any use of that you have to have enough taxable income to owe that much in taxes (though it can be carried forward). That leaves out the lower income, maybe even a lot of middle income, (no idea the definition of those terms) people ... and renters? What landlord is going to pay for solar since they won't benefit personally given most often the renter pays the electric bill.
* Well, not Fred's roof, unless he cuts down a LOT of those really tall trees! Panels in shade don't produce electricity.