Last month a survey conducted by the research center found that an overwhelming 89 percent of voting age citizens in the US want to see the solar industry expand.
Considering the forecasted shift in the wake of the 2016 elections of putting more legislative power in the hands of states, many solar advocates are guardedly optimistic that the industry will continue to see growth despite having a climate change denier in charge as the country’s commander-in-chief.
“People want more solar; they want more solar business in their state,” Scott Hennessey, the head federal lobbyist for SolarCity Corp recently stated to The Hill.
Besides the promise of guilt free energy (as far as CO2 levels in the environment are concerned), the solar industry is responsible for creating one out of 83 jobs in America, according to the Solar Foundation.
What these numbers supporting solar expansion equate to is increased pressure on the federal government to uphold its pledge to the investment tax credit (ITC), which recently got an extension to 2019 and has aided the industry’s growth by allowing solar homeowners to deduct up to 30 percent of the installation costs from their federal taxes.
So while solar is on a health trajectory to continue its continental expansion, the window for securing more lucrative solar incentives at the federal level might not stay open as long as people hoped.
To find out how you can write off 30 percent of your home solar installation before the ITC expires, contact GoGreenSolar.com or call (888) 338-0183.