No – the 30% federal tax credit from your solar panels stays with you even after you pay off your Mosaic loan. In our example, here, that means Jenny gets to deduct an additional $7,500 from her taxes1 in her first year! For more information about claiming the federal tax credit for solar, see our FAQ on the subject here.
1 Availability of Federal & State Tax Credits is dependent on your unique financial situation. Please consult a tax professional regarding your eligibility.