I’m thinking about installing solar by the end of the year, so I can get the tax credit back sooner when I file my taxes in a few months. But, I want to be sure I’m investing my money in the best way possible. Can you help me understand how solar will save me money? Does it increase the value of my home? What kind of rate of return on my investment can I expect?
Wants to Go Solar (But Still Not Sure)
“What if I move?” “I don’t think I’ll stay in this home long enough to get solar panels.” “If I’m planning on moving, why would I get solar panels?” “If I don’t live here long enough to pay off the investment, I can’t get solar panels.” These are questions and comments we’ve heard from some of our customers when they’ve begun to think about investing in solar panels for their home. Whether you live in your house your whole life, or you move in 5, 10, 15 years, going solar is a wise investment (that will pay off!).
When you purchase and install a solar system, you are eligible for a solar investment tax credit. This was developed to support the deployment of solar energy in the United States. Long story short, solar energy is the way to go. Here are five things to know about the big bucks you can get from Uncle Sam for installing solar power in your home.
Starting to think about installing solar panels? In the midst of your solar savings decision process? You’ve come to the right place. Welcome to the road to your solar savings! Along the way, you may have encountered a few bumps: cost, payment, appearance and function. We’re here to smooth those out for you and get you to the end of the road where you’ll find some serious savings.
When you invest in solar panels, you can receive a federal solar investment tax credit. We’ve been telling you that solar panels are a great investment, and the federal government agrees! Let us break down how we can help you save thousands on solar panels for your home in Cincinnati, or anywhere in Ohio, Kentucky or Indiana.
A tax credit is a dollar-for-dollar reduction in the amount of income tax you would otherwise owe. Our way of explaining it? More money you get to keep in your pocket. If you purchase and install a solar system by December 31, 2016, you are eligible to receive a 30 percent solar tax credit on your 2016 tax return. Depending on your customized solar system, this tax credit can be upwards of $10,000.
Why You Need to Consider Solar Panels – Now
By Aimee Kunau
Higher utility prices are a reality for many hard-working Americans in a sluggish economy. Every month, it seems the bills are increasing, with no relief in sight. This trend is one reason why solar panels and solar array systems are slowly gaining in popularity among people seeking long-term reduction in their utility costs.