Top Six Reasons To Go Solar
1. Energy cost savings
This is most obvious and main reason for going solar!
(To save money in the long run).
Every year, The utility costs increase about 10% steadily and continuously. By going solar, it will drastically reduce your power bill-up to 50%. The sun is a free, powerful, endless, unlimited and renewable energy source. That means, you will enjoy endless and eternal saving in utility costs. How do solar panels work? - solar panel absorb energy from the sun and convert it into DC electricity, which is later transformed into AC electricity for home or business. When your solar system produces excess power, that energy is stored in the electric grid and you may get a credit from the utility company. This is called Net metering (A solar incentive system).
2. Saving Environment
Electricity production in The United States generates the second largest share of Greenhouse Gas Emissions. (30% of total National Emissions) About 68% of domestic electricity is generated by burning fossil fuels, mostly coal and natural gas (As per EPA). Besides, this process is expensive and consuming natural resources. By going solar, you will help reduce the greenhouse gas emission and save the environment and planet. A typical residential solar panel system can reduce 3 to 4 tons of carbon emissions each year. In other words, it is equivalent to planting over 100 trees annually. Generating electricity from solar energy is a cleaner, safer and an environmentally friendly alternative method. energy
3. Federal TAX CreditThe Federal Solar Tax Credit, also known as the Investment Tax Credit (ITC) deduct 30% of the cost of solar energy system installation from your Federal Tax Return (both residential and commercial). And there is no cap on its value. This is a Big Deal. In 2017, homeowners saved about $5,000 from solar tax credit. The Federal Spending Bill was originally established by the Energy Policy Act of 2005. The U.S.Congress approved ITC in 2016 and extended to 2020 and on. Now, if solar installation is complete, NOT on Lease and operational by December 31, 2023, you could claim the tax credit. You can also "roll-over" your tax credit to future years.
Perspectives (Residential & Commercial Solar):
2019: Tax credit 30% for the cost of the solar installation.
2020: Tax credit 26% for the cost of the solar installation.
2021: Tax credit 22% for the cost of the solar installation.
2022: Tax credit 10% for the cost of the solar installation.
4. Year 2020 Solar MandateCalifornia officially became the first state in the nation to enforce solar panels rule after California Building Standards Commission (CBSC) has approved new mandate that all homes built in 2020 and later must be solar powered. This Housing Rules was endorsed as part of The State of California Green Building Standards Code in order to boost California's environmental policies and also to reduce greenhouse gas emissions (Assembly Bill 32). Solar panel installation may add extra cost to home building but the costs would be offset by lowered utility bills in coming years. Due to market competition and technological advancements, the cost of installing rooftop solar system is dropping steadily across the nation.
5. Increase Property valueAdding solar panels to your home means increase in property value and also it is Cool-Looking. The rooftop solar panel will make your place a modern home which could be seen standing out and conspicuous among other ordinary conventional homes from a distance. The sale price of a solar home can be higher than homes without installed solar system. The rental price of a solar home can be added with electricity cost and you can make renter pay for your solar system. By going solar, you have nothing to lose, everything to gain in both rental or home-sale process.
6. Easy Process & FinancingSome people though going solar might be a long, difficult and stressful process. It is not true. Going Solar is as easy as 1-2-3. Just to make a phone call. Solar system installer will provide free consultation, appointment, estimates, permit, inspection and installation. The installation of solar panels can be done in one day. All you have to do is to sign contract, wait for great work result and then start saving money.
Most of solar companies offer Financing with many payment options and it is available for all homeowners and business owners. If you want to learn more about solar services, please call us (855) 203-3163. We, iGreen Remodeling makes life easier for you.
Learn more about how residential solar work
Learn more about how commercial solar work