Solar Tax Credit Expires Dec. 31st

If you have been contemplating the installation of solar on your home, it’s time to get off the fence, since the 22% federal tax credit expires Dec. 31st. Your system has to be operational by the end of the year, so don’t wait too long. I purchased my first 10-kWH solar system in 2004 and paid over $60,000 for it, receiving a $40,000+ rebate check from Xcel Energy. Those rebates are long gone, but the same system costs a little over $10,000 now.  Time to buy!

Here’s an article from Realtor magazine with advice to give homeowners considering a solar photovoltaic investment. You’re also welcome to call me, Jim Smith, at 303-525-1851, or email me at Jim@GoldenRealEstate.com.

Author: Golden Real Estate, Inc.

Golden Real Estate is a prominent member of the Denver/Jefferson County real estate scene. Based in Golden, we service both Denver and Jeffco, representing both buyers and sellers. We're well known for Broker Jim Smith's weekly "Real Estate Today" column published in the Denver and Jeffco editions of the Denver Post's YourHub section each Thursday. The column also appears in several weekly newspapers and is archived at www.JimSmithColumns.com. We have nine agents, all of whom are Realtors and EcoBrokers. Our office is Net Zero Energy since December 2017, and several of us drive electrics cars. Known for our sustainable practices, we accept polystyrene (aka "Styrofoam") for recycling, keeping 200 cubic yards per year out of area landfills.

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