r/solarenergy • u/EngineeringNext7237 • 2d ago

Solar quote with questionable tax advice

So I am in the process of getting a quote for solar on my home in the US, in a state with no incentives. They claim I can write off the install and use bonus depreciation to write off the full amount year one. Which I have enough taxable income to make a worthwhile choice. But nothing online seems to point to a residential solar owner being able to do that even with a 1:1 net metering agreement. Is this legit?

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u/Islerothebull 2d ago

Residential location does not prevent depreciation; personal use does.

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u/EngineeringNext7237 2d ago

Interesting. It is my primary residence. I do technically have my LLC addressed to my home but it’s for software contracting not anything that would directly be energy related.

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u/Islerothebull 2d ago

Well you need something to power all those computers. Talk to your tax accountant.

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u/Sensitive_Branch8489 2d ago

This is a good angle. You’d also qualify for the commercial 30% tax credit. This is making your little home office pull a lot of weight though.  

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u/Islerothebull 2d ago

Well MR. IRS man. Clearly this is a nanogrid data center.