Enjoy Significant Savings
Are you tired of relying on your utility company for all of your electricity? By taking advantage of the free energy provided by the sun, you can greatly reduce your electric bill each month. This will help you take control of your home’s electrical budget and decrease your reliance on the grid.
Plus, utility companies’ electricity rates have continued to rise over the past ten years and that trend is expected to continue. Solar energy, on the other hand, has decreased by more than 70 percent over the last decade! So if you invest in solar panels, you’ll be able to steer clear of rising energy costs.
Finally, you can also save money by taking advantage of the solar Investment Tax Credit (ITC) if your project qualifies. As of 2019, the residential ITC provides a credit equal to 30 percent of your total cost. The ITC will decrease to 26 percent for projects in 2020 and 22 percent for projects in 2021. After that, the credit will drop to zero. So if you want to take advantage of the tax credits currently available, act fast!