Bay Area developers, home owners plan to cash in on solar energy

Developer goes solar Kellie Cowan reports. TAMPA, Fla. – A lot more homes in the Bay Area could soon be tapping into solar thanks to incentives included in the Inflation Reduction Act. The new law offers huge incentives to homeowners and developers that add solar panels and storage batteries to homes and buildings. One Tampa developer plans to take advantage of the tax credits right away. James Ramos, owner of Ramos Companies, has plans to add solar panels to several community developments already in the works.  “For every $100,000 I spend on panels and storage, I’ll get $30,000 back towards a decrease of my taxes,” said Ramos. “With the cost escalation of wood, steel, copper, plastics, and everything that we’re seeing in construction, having a credit like this is very important.” RELATED: City of Tampa hopes to save millions with new federal tax credits to go green Developers…

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