Decrease your monthly utility costs by generating solar electricity for less than it costs to buy it from your local utility provider. Even though you won’t eliminate your entire utility bill, you will see savings.
When you generate your own electricity, you are protected from rising energy costs and inflation since the price of solar energy is predetermined for the life of the system.
The most significant incentive is the 30 percent federal Investment Tax Credit (ITC), which is a dollar-for-dollar reduction in income taxes. Furthermore, many jurisdictions offer additional solar incentives, including cash grants and performance-based Renewable Energy Credits (RECs).
For-profit companies can benefit from another significant income tax deduction that allows them to depreciate the capital investment in their solar system on an accelerated schedule. This helps our customers invest in themselves, rather than their utility.
Most utility companies provide a credit on your bill for the excess energy your system generates that your building doesn’t need (for example, solar generated on weekends). This is called Net Metering.
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