Are Renewables.org investments tax deductible?
An investment in Renewables.org is not a donation, it’s a 0% interest loan that’s repaid over five years – so no tax deduction can be claimed.
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Once you make a non-profit investment, you earn repayments monthly, over five years. Since cash can be withdrawn or reinvested, this does not constitute a charitable donation and therefore is not tax deductible.
Renewables.org does offer a tax deductible Donor Edition for non-profit investors which requires a minimum commitment of $10,000.
- Panels on Renewables.org pay you back, so they are not tax deductible donations
- Your non-profit investment is repaid in full over five years
- Renewables.org does offer a tax-deductible investment product intended for donor advised funds and large gifts. Click here to learn more.