The Main Benefits of Solar Power

From aggressive incentives to curbing greenhouse gases, there are so many advantages to installing solar panels onto your home.

Impressive Solar Incentives and Rebates

From the various solar panel rebates that are available and the investment tax credit for solar power to the incentives that may allow you to go solar for $0 down, there has never been a better time to go solar!

The investment tax credit, or ITC, was put in place thanks to the Energy Policy Act of 2005 and was set to expire in 2007. However, thanks to the growing popularity of solar panels, Congress extended this credit in some form through 2021.

As it currently stands, owners of new residential solar systems in 2020 can deduct an unprecedented 26% of the cost of the system from their taxes. That number drops to 22 percent in 2021, so when it comes to maximizing your savings, time is of the essence.

Massively Reduce or Eliminate Electric Bills

When you have solar panels, you’re no longer solely relying on a utility company to power your home. Instead, energy from the sun is used to power your electricity, which means that many people rely on their panels during the day and then switch to power supplied from a utility company once the sun goes down.

This results in less power from a company, which means a lower electric bill. Curious to know more?Keep in mind, many companies charge a minimum fee, so even if you were able to only use solar power, you may still get a bill from your backup utility company. Be sure to give them a call to discuss the specifics so you aren’t faced with unexpected charges.

Protect the Environment

Did you know that an estimated 72% of toxic water pollution in the United States comes from coal-based electricity production? Because solar panels get their energy from the sun, they help decrease greenhouse gas emissions while combating air and water pollution.

That’s not all! By opting for a solar panel system, you can reduce your carbon footprint, contribute to lowering our dependence on fossil fuels, and help mitigate climate change. Need we say more?

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