Solar Power Credits

Lowering The Cost of Solar With Solar Power Credits

There has been an increased surge of interest for those with land or ranch space that would lend itself well to starting a solar project, not only due to the environmental benefits of clean energy, but also to take advantage of solar power credits.

These solar credits help the business owner to offset costs. Many potential solar entrepreneurs are intimidated by the start-up costs, but as the U.S. Department of Energy reports, nearly half those costs are not for the equipment itself, but are spent in effort to obtain proper permits and zoning licensure. The equipment itself is available in a range of costs, but with solar power credits the costs can be lowered dramatically. Additionally, clean energy credits are often offered at the state level, and sometimes by local utility companies as well.

If still undecided, here is a list of advantages to be gained from going solar:

• Accessible
  Solar equipment offers such a wide range of prices that nearly anyone can afford some level of solar power, particularly when maximizing available tax credits. Energy rebates can be filed for on federal tax returns to help offset initial equipment costs, and excess electricity generated from your panels can be sold back to your local utility company. Many state programs also offer green initiatives.

• Inexpensive
  Solar energy is actually cheaper in the long run than traditional means. Equipment can be funded in part with solar power credits and, as mentioned above, extra energy can actually be sold off, giving an active rate of return on your investment, not just passive savings on your utility bill. Alternatively, there’s zero energy profit in a typically-powered home, and no investment income.

• Environmentally Friendly
  The Sun is a consistent power source that is not in limited supply, like fossil fuels, making it more reliable for long-term energy needs. Also unlike fossil fuels, using clean solar power does not cause any release of greenhouse gases, carbon dioxide, or unhealthy carcinogens. Nor does it require earth-damaging practices to extract.

• Quiet
  No hum of machinery, no clicking gears, no rumbling motors. Solar panels won’t interrupt your pastoral setting. Solar energy is designed to work in harmony with nature, not detract from your enjoyment of it.

• Reliable
  Solar panels don’t have any moving parts that will wear out over time or need replacing. Once installed, they require little to no maintenance, and provide thousands of hours of safe and effective electricity.

• Independent
  For those who wish to live “off the grid” and be truly away from it all, solar energy is the preferred choice of many. Solar power credits can help you get solar panels that can power generators large enough to run a household and any outlying structures that could need electricity such as barns or workshops. When you provide your own energy source, there’s no concern about blackouts, brownouts, or rolling outages that are becoming increasingly common

With technological advances improving rapidly and becoming more affordable, there’s never been a better time to make the most of those solar power credits and start harvesting sunshine.