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As of december of 2008 most people qualify for a 30 tax credit the year you buy your solar operator.
Solar powered gate opener tax credit. Homeowners are able to apply for a federal tax credit equal to 26 off the installed cost of their liftmaster solar powered gate operator system. It does provide you with a 30 residential energy tax credit if you choose to install it. Take advantage of these deals and print or download form 5695 for residential energy credits today. As of this year most people qualify for a 26 percent tax credit the year you buy your solar operator.
Section 25d of the internal revenue code provides a 30 tax credit to individuals for qualified solar electric property expenditures made by the taxpayer during taxable years beginning after december 31 2008. To get this tax credit you ll need to fill out form 5695 with your taxes. It is designed to open 16ft gates or less. 26 tax credit save on the entire cost of a solar gate operator system.
The cost of the gate or installation of the gate is not covered. Homeowners who purchase a solar powered gate operator manufactured by doorking inc. This is a partially solar powered gate opener that features a battery backup. If you install a solar powered gate operator it will hardly run up your electric bill and on top of that owning a solar gate opener will qualify you for a tax credit.
This tax credit is available for the installed cost of the solar powered gate operator on the homeowner s federal tax return. 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 federal government is offering financial incentives to homeowners for the use of solar powered systems at their home. View solar certification credit information.
After december 31 2008 may qualify for a 30 federal tax credit off the installed cost of the system. This means when you buy a solar powered gto linear pro gate opener you ll save money on your electric bill and your taxes. The sentry 300 commercial grade gate opener has been designed to be powered by a 12vdc battery that has two charging options. The gate needs to be less than 550 pounds.
If you install a solar powered gate operator it won t significantly raise your electric bill and on top of that owning a solar gate opener can qualify you for a tax credit.
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