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Solar Tax Credit

The US Federal Government allows homeowners that have purchased solar powered gate openers and accessories a 30% tax credit on the cost of the gate opener kit, accessories and installation. The cost of the gate or installation of the gate Is Not covered. For example, if you purchased a Ghost Controls Kit and accessories that cost $1000, your tax credit would be $300. To receive this tax credit, you'll need to fill out IRS Form 5695 (https://www.irs.gov/pub/irs-pdf/f5695.pdf ) and attach to Form 1040 of your taxes next year.

 

Qualifications:

"In the case of an individual, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the sum of—
(1) 30 percent of the qualified solar electric property expenditures made by the taxpayer during such year,
(2) 30 percent of the qualified solar water heating property expenditures made by the taxpayer during such year,
(3) 30 percent of the qualified fuel cell property expenditures made by the taxpayer during such year,
(4) 30 percent of the qualified small wind energy property expenditures made by the taxpayer during such year, and
(5) 30 percent of the qualified geothermal heat pump property expenditures made by the taxpayer during such year."

 

Please review the solar chart on our website to get recommendations on solar wattages based on different zones throughout the US. We highly recommend the use of two batteries on solar power. We are confident you will enjoy years of enjoyment from our solar powered products.

 

GHOST CONTROLS SOLAR TAX CREDIT LETTER