(CALIFORNIA) - A little-known government program called the Federal Residential Renewable Energy Tax Credit, coupled with massive evolution of solar technology, have combined to make 2019 likely the best time there has ever been to consider solar for your home. This program allows Americans to install solar on their homes at shockingly lower costs, and reduce their utility bill payments by an average of $1,560 a year*.
But here’s the catch - like most government programs, this is likely temporary. Currently the program's incentives are set to decrease over the next few years and then expire. But the good news is, once you’ve installed solar, you’re in the green. If the thought of a lower or even eliminated payment on your energy bills sounds appealing, the time to act is right now.
This is unknown to many, but the Federal Residential Renewable Energy Tax Credit is for the middle class. If you own your home and your electric bill is over $100 a month on average (think high summer A/C electric costs and use of appliances in the winter), you most likely qualify. Basically, the Government wants you to have the benefits of solar power, which puts more money in your pocket, creates jobs in America and reduces pollution. However, there are several options to take advantage of the incredible incentives - which utilities hate. Here’s why:
You think utilities like the above? Rest assured, they do not. They’d rather keep you paying for energy at their higher rates each and every year, rather than allowing you to lock in 2019 rates, reduce power consumption from their plants, AND sell energy back to the grid.
Here’s the kicker. The government has required utilities to pay homeowners additional incentives to install solar in many states - yes, more cash back from your utility! But, utilities are starting to fight back. They don’t want to pay homeowners to install solar which will cut into their profits. That’s why the pressure is on time-wise. The Middle Class seems to miss out on everything (did you ride the last stock bubble? Probably not). Thus, it’s almost a no-brainer to jump on this now. You need to act fast in order to put solar on your house at these current low rates before incentives expire or dry up.
In fact it’s about 99% cheaper than when the technology was born. You wouldn’t have bought a computer when it was first invented, or in its first few iterations, because you would have had to mortgage your house to do so, and its processing power would have been eclipsed by today’s most basic smart phone.
Similarly, solar was expensive and inefficient when in its nascent form, a mere glimmer of its shining potential. In 2017, that potential is being realized. The cost of solar panels has plummeted, and is now well beyond the point where the average homeowner with reasonably favorable sunlight conditions – a solar specialist will advise you of this for free – can easily slash their monthly energy bills and in some cases even sell excess power back to the grid for additional savings.
There are a few free websites out there that will get homeowners connected with reputable solar companies in their area, who will provide quotes for solar with the incentives included, and allow them to choose the best one.
SolarAmerica, one of the country’s largest and most respected solar educational websites, is one of the few companies with all top solar companies on its network, and is currently assisting homeowners like you to obtain further information regarding superb go solar programs and incentives. You can greatly benefit:
This is why it’s a no-brainer - you will likely lower your energy bills, protect yourself from rising rates, AND can also get cash. This is how powerful that little word called “incentive” is.
This often overlooked method to lower your energy bills (and get paid back some of your hard earned wages) is a great way for you to increase the value of your home, all the while saving more money with clean power production.
It takes about five minutes, and the consultation is 100% free. You have nothing to lose except your energy bill.
But you do have to act before solar incentives expire.