Tax credits for solar products

Businesses are eligible to claim 30% of the price of Gulf City Solar’s golf cart kit
and batteries as a Federal tax credit until 2016, using IRS Form 3468.
And you won’t pay sales tax in the state of Florida.

 

Here’s an example of the breakdown:

Solar Kit Only Solar Kit + Batteries
Solar Kit: $1,400.00
Minus 30%: $420.00
   
Net Cost: $980.00
Solar Kit: $1,400.00
Set of batteries: $720.00
Sub-total: $2,100.00
   
Minus 30%: $630.00
   
Net Cost: $1470.00

 

Total savings will vary depending on additional allowances provided by each state.
Check with your particular state for these allowances.

*Batteries must be purchased at same time as solar kit to qualify for tax credits.

Disclaimer:
Gulf City Solar is not a tax or legal advisor. Information provided on this website regarding possible energy tax incentives, credits, grants, or rebates is not to be construed as a guarantee of applicability or eligibility for Federal and/or State tax incentives, credits, grants, or rebates. Nothing contained herein is to be considered or to be relied upon as professional tax or legal advice. Please consult with your professional tax or legal advisor for the applicability and eligibility for Federal and State energy tax incentives.