By combining the Federal tax credit and the state rebate, you can save up to 45% off the cost of your system. Contact us today and find out how much can save on a system.
Federal Tax Credit
The Federal government has enacted legislation (Economic Stabilization Act of 2008) that currently offers residential and commercial solar owners a one-time federal tax credit of 30% towards the annual tax bill. To learn more, click on the link below:
http://www.energy.gov/taxbreaks.htm.
State Rebates
Some states have required utility companies to offer rebates that encourage homeowners to install solar systems. To determine the rebate for your state, click on the link below:
Net Metering
Net Meter allows you to benefit from any excess electricity your system generates. The excess is fed back into the utility grid for others to use. Your electric meter spins backwards to credit you for the energy sent into the electric grid. You are billed for the difference between the electricity you generate and the energy you use. To find out more about solar energy incentives, go to the the Solar Energy Industries Association website, The SEIA is the is nation’s most prominent solar trade group.