Earth is in a bad way. Hundreds of years of burning fossil fuels for energy on a global level has decimated our ozone layer. As a result, it doesn’t protect the planet from the sun’s harmful UV rays the way it used to and we are now seeing the effects of climate change.
Fortunately, there is a solution. Have you heard about the amazing solar rebates and incentives you can get if you convert your home to solar energy? Now is the perfect time to make the switch and eliminate your energy bills.
More importantly, as more and more people decide to invest in solar energy, the planet will become a much cleaner and healthier place. And we’re not just talking about humans. The climate will restabilize and we can save plant and animal species that are on the verge of going extinct.
Let’s take a look at some of the most common and valuable solar panel incentives that will make your decision easier.
Solar Rebates
First, let’s talk about solar panel rebates. These work similarly to rebates offered by other retail companies.
After you complete your solar panel installation, you can mail in a rebate to get a percentage of your costs back. However, solar rebates work slightly differently than traditional rebates. For example, in some cases, it’s the local power companies that give you money back, rather than the solar company.
Net Metering Programs
Net metering is an innovative program that allows homeowners that use solar to sell unused electricity to the local power company. The electricity your panels create that you don’t use can be sold for energy credits.
Then, during times of low sunlight (cloudy days, winter), you can use those energy credits to supplement your solar for free. That way, you never run out of power but aren’t forced to pay for electricity again.
Follow this link to get accurate solar estimates near you.
Federal Tax Credits
The federal government knows the importance of green, renewable energy and offers solar rebates of its own. Right now, you can claim your solar expenses on your taxes to get up to 26% of the costs back in tax credits.
If you spend $20,000 on a powerful solar energy system to power your whole home, you’ll receive over $5,000 back. This will immediately reduce your total costs.
SRECs
Finally, SRECs (solar renewable energy certificates) offer different kinds of solar rebates. SRECs hold a cash value and are given to homeowners based on the amount of solar energy they create throughout the year.
The more solar energy you create, the more money you’ll be awarded by your state. SRECs aren’t worth hundreds of dollars each, but getting paid to create free energy is never a bad thing.
Are You Ready to Start Taking Advantage of Solar Rebates?
As you can see, there are tons of different solar rebates you could be taking advantage of. Contact a local solar company near you to start the process of going solar. You won’t be disappointed.
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