Problem 7-25 Energy Credits (LO 7.8) In 2018, Jeff spends $6,000 on solar panels to heat...
Problem 7-25
Energy Credits (LO 7.8)
In 2018, Jeff spends $6,000 on solar panels to heat water for his main home.
What is Jeff's credit for his 2018 purchases?
$
Homework Answers
$1,800.
The residential energy credits available for 2018 are 30 % of the purchase value of qualifying renewable energy properties.
the solar water heaters will qualify for the same.
the value of credit = $6,000* 30%=>$1800.
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Problem 7-25
Energy Credits (LO 7.8)
In 2018, Jeff spends $6,000 on solar panels to heat...
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