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Switching to Solar

Whether or not you have never heard of solar power or are well-versed in the benefits of switching to solar, here are a few options and starting points as to why the future of energy is solar, and how you can be a part of it.

  • There are many benefits to investing in your solar panels and solar energy. PLUS! Earn a referral bonus if you recommend a friend and family and they decide to go solar.

    Federal Investment Tax Credit – 30%

    The solar investment tax credit (ITC) is a dollar-for-dollar reduction in the income taxes that a homeowner claiming the credit would otherwise pay the federal government. The ITC is based on 30% of the cost to install solar for systems installed in 2022-2032. For those leasing, system tax credits are not offered. Don’t wait; prices for solar equipment are on the rise!

    State Incentives

    Depending on your state, specific solar tax credits could potentially reimburse homeowners a percentage of the cost of the solar panels, sometimes equating up to $1,000 that’s applied to your personal income tax in the year your system is installed. If the amount of the credit exceeds a taxpayer’s liability in the year of installation or beyond, the unused portion of the credit may carry forward for up to five years. You might also qualify for utility-specific incentives. Don’t worry; your energy consultant will ensure you don’t miss out on any perks.

    Increased Home Value

    Having a residential solar energy system on your property is a capital improvement that adds to your property’s value. Ultimately, you may be able to sell your home faster and for more than homes without solar.

    Clean solar power also adds to the tax basis of your home. If you sell the house, the tax basis investment can be deducted from the selling price, reducing the taxes taken from the sale, potentially avoiding capital gains taxes on the appreciation

  • If you ever wanted to be a part of the solution but weren’t sure how long you would be in your house or if solar was the right fit, the lease option is the way to go.

    On average, homeowners qualify for substantial month-to-month savings without worrying about install costs and maintenance. Go green and pay your month-to-month bill like you would with the utility company; just pay less for the solar energy that is provided for you.

Ready to take the next step toward solar?

Or, call Nick at ‭(702) 468-2622