Do you want a tax cut already for 2017?

Try a solar power investment and your tax can be reduced with 30% of the total investment. Note it is not a tax deduction, but a tax credit!

I have found Home Depot have some great prices on solar panels and kits. Another great place is wholesalesolar.com. Ebay and Amazon are great places as well and of course our Misssissippi outfit bereadysolar.com. Bereadysolar website is not the best, but Erik will give discount to ham operators. He has panels made in Mississippi. Harbor Freight has a good system sometimes with great discount.

One site of many describing ham radio solar is hamradioreview.eu

If you invest in a grid-tied system (expensive and a lot of rules, but can be rewarding) you might can sell the generated power for more than you pay for your usage. Check with your local electrical power supplier

These are the rules

What is the Solar Investment Tax Credit?
The Investment Tax Credit (ITC) is currently a 30 percent federal tax credit claimed against the tax liability of residential (Section 25D). The Section 25D residential ITC allows the homeowner to apply the credit to his/her personal income taxes. This credit is used when homeowners purchase solar systems outright and have them installed on their homes.

How does the Solar Investment Tax Credit Work?
A tax credit is a dollar-for-dollar reduction in the income taxes that a person or company claiming the credit would otherwise pay the federal government. The ITC is based on the amount of investment in solar property. Both the residential and commercial ITC are equal to 30 percent of the basis that is invested in eligible property which have commence construction through 2019. The ITC then steps down to 26 percent in 2020 and 22 percent in 2021. After 2021, the residential credit will drop to zero while the commercial and utility credit will drop to a permanent 10 percent

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