by Cody McGowan, on Oct 5, 2020 3:23:00 PM
Going Solar Isn’t Just Good for the Environment—It’s Good for Your Wallet
Most people are clear on the idea that solar energy is a great way to help the environment by reducing your reliance on energy produced by power plants, but what most people don’t realize is that going solar can actually save you money in the long run and in the short term.
The reason for this is simple—both the federal government and many state governments want you to spend money on solar energy and provide tax credits so that you can do so.
What that means is that you don’t have to spend a ton of money on solar panels right out of the gate (especially because we offer you $0 down through a special program of ours), but you also don’t have to worry about increases in your property taxes.
Here’s how much you can save on your taxes when going solar.
SEE ALSO: Exactly How Solar Works in Illinois
Tax Credit for Going Solar
The federal government wants you to go solar, and they provide a tax credit for doing so.
For the year 2020, you get a credit of 26%, which means that, when you file your taxes, you can deduct 26% of the cost of your system from your taxes. This can be a significant chunk of change for many homeowners.
This is such an important aspect of going solar because it helps you to save so much on the initial investment, an investment that not only won’t cause your property taxes to increase, but also will make it easier to recoup the cost of the system in the long run.
Store Energy for Cloudy Days
When it’s cloudy outside, solar energy isn’t being produced. That means that you might have to rely on your energy company to supply you with power if you don’t have a home battery in place to store energy in.
But if you do have a solar battery in place, then you can store that extra energy and use it when your system isn’t producing energy. This further reduces your carbon footprint while saving you money in the short term.
Let’s Get You Saving With Solar Now
Most of our customers are blown away when they find out how much they can save when they go solar and how much the value of their home is increased.
Contact us today to see how much you can save on a solar system.
