Solar Panels For A Condominium

If you propose a unit owner project you will need to get approval from the condo association and obtain an easement to authorize system installation and maintenance.

Solar panels for a condominium.

In a unit owner project one or more unit owners pay to install a solar panel system on the roof of the condominium for their personal use. You can go solar even if you live in a condo. Condos can take federal tax credit for solar. We now use a 1 5 kw solar panel system that generates enough power for our 2 bedroom home.

One of the largest incentives for a solar electric system is the residential solar investment tax credit. This will vary based on the building type and ownership type but it s an important requirement. Previous going solar with a homeowner s association. Here s what you can do.

As hoas become more privy to environmentally and financially conscious management strategies the obstacles that condos face when going solar will likely lessen. This is a personal federal tax credit for residential installations where a taxpayer may claim a tax credit of 30 on qualified solar electric expenditures. Essentially each condominium will face a different series of challenges and decisions but it is possible to go solar.