I have a solar roof that cost the last of my TSLA stock, ~$65,000: TSLA stock $0 dividends 30% capital gains or $65,000 * 30% = -$19,500 tax on sale Solar roof 14.1 kWh / day, January 2025 winter case: 14.1 * $0.12 = $1.69 day tax free $1.69 * 365 = $616.85/year, tax free Tax credit 30%: $65000 * 30% = $19,500.00 credit on purchase Moving my TSLA stock into a solar roof while the tax credit existed is projected to save nearly $620 per year in untaxed, cost avoidance. A no dividend stock has become a cost saving, tax-free success. To take home $620 per year, I would have to earn at least 14% more, average tax rate, to pay the taxes: $620 * 114% = $706.80 income earned Bob Wilson
Tax credit...... Proof positive that solar still has a 'promising future' - otherwise? It would be a tax BURDEN.
