Many people in Oklahoma have been discouraged from going solar due to a lack of information about the financial benefits and quality of solar. We are here to help you debunk the myths and provide information. Here are 6 reasons we believe you should go solar by 2022.
26% Federal Credit
This means that 26% of your total investment in solar can be credited back to you using the investment tax credit. This rebate is guaranteed to homeowners who invest in solar power by 2022. The ITC is a tax credit and not a rebate. The ITC may allow homeowners to receive 26% of their total investment back, resulting in a lower tax liability for 2022. While it is always a good idea to consult your tax professional about how the tax credit may affect you personally, most homeowners will reap the benefits of this credit.
This is how homeowners can save the most. Net metering, as the name suggests, is a billing program where electric utility companies let customers who have solar power systems put any excess electricity back onto their grid to build credits.
Solar Power Equipment Is Very Reliable and Durable
The panels are made to last at most 30 years. Only equipment is installed that can withstand Oklahoma’s hail storms and strong winds. We have more than 2,000 solar panels installed in Oklahoma. The panels can withstand wind speeds up to 150 mph thanks to the racking system they are mounted on. The increased quality of solar panel panels has reduced degradation and the panels will still produce at least 80% of the amount they were made to at the 30-year mark.
Increased Home Value
The national average for solar-powered homes is $15,000. Property appraisers now look at how solar power systems can increase your home’s value. Win-win!
The cost of solar power equipment is now lower than ever. The price of solar panels has fallen by more than 80% over the past 10 years, making it a great savings option and easier for homeowners to go solar.
This post was written by Daniel Massaad, owner and expert solar technician at Energy Solutions Direct! ESD is the top choice for Solar Panels Tampa! Our licensed and certified contractors are masters of their craft; with years of experience servicing the great Tampa Bay area and beyond, the choice is simple. ESD excels at offering you the best in solar value!