Is There a Tax Credit for the Simple Pump Solar System?

For a Simple Pump solar-powered pump system, there may be a renewable energy tax credit that has a gradual step-down in credit value.

• 30% for systems placed in service by 12/31/2019
• 26% for systems placed in service after 12/31/2019 and before 01/01/2021
• 22% for systems placed in service after 12/31/2020 and before 01/01/2022

For details, please contact your accountant.