News / Article

'It's just wrong': Thousands in limbo as Louisiana's solar tax credits dwindle

Source: nola.com/business/index.ssf/2016/08/louisiana_solar_credit_cap_met.html - Aug 3, 2016

Michele Eichhorn thought she was making a wise investment in April when she and her husband opted to buy solar panels for their family home in River Ridge. She felt a sense of pride when she first saw sun glinting off the panels on her rooftop.

Today, she looks up and feels duped.

Eichhorn's family is among hundreds across Louisiana thrust into financial limbo after the state Department of Revenue warned in July it has run out of money to fund tax credits once meant to promote solar purchases.

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Category: General Business