If you are considering the option for solar power in your home, you may want to think more about the financial benefits that you can receive by changing over to solar energy. If you have never considered solar energy, here are some of the top financial reasons why it could be a great choice for your home now!
You can Deduct the Cost of the System
The largest financial benefit to installing a solar system today is the tax benefits that you can experience by signing up. Many states will allow you to deduct up to 30% of the total cost of your home solar system from federal income tax. Many local and state governments will also offer sales tax and property tax exemptions as you are installing solar panels. If you would like to find out more about the federal and state exemptions in your area, contact us today!
You’re Locking in Your Energy Costs
You will be locking in the total cost of your energy for potentially the next 50 years. By choosing solar power, you can make sure that you will be facing the same costs for energy over a long term. Solar energy can make sure that even when the utility increases the price of energy, you will be able to enjoy the same price as well.
You Can Generate a Credit From Your Utility Company
Solar systems which remain tied into the grid may be able to access various energy credits from the utility. As you continue to generate power, you will also be able to access new credits from your utility company to make sure you can receive continuous energy breaks and eventually, a check back from your energy provider.
Consider these top three financial benefits if you are thinking about solar energy and you would like to know more about the savings you can experience with your home!
This post was written by Daniel Massaad, owner and expert solar technician at https://esdsolar.com/! ESD is one of the top solar panel companies in Florida! Our licensed and certified contractor are masters of their craft; with years of experience servicing the great Tampa Bay area and beyond, the choice is simple. ESD excels at offering you the best in solar value!