Not all homes are suitable for solar panels. There are three main criteria to consider.
Solar energy is a smart investment for your home and has been proven to increase its value. The reason behind this is that solar is a home improvement project that generates revenue. The solar panels installed on your rooftop produce electricity, and each unit of electricity generated has a specific value.
Not only do you save money by using your own electricity, but you also save by not having to purchase electricity from the grid. Furthermore, the future value of these savings can be an added bonus for potential home buyers. Therefore, going solar today can benefit you financially in the present, and offer a greater return on investment for the sale of your home in the future.
The Solar Investment Tax Credit (ITC) is an opportunity for eligible homeowners who install solar to receive a tax credit from the federal government, potentially resulting in a reduced or even zero tax liability.
By going solar, homeowners can apply for the ITC when they file their taxes. Recently, the ITC has increased from 26% to 30%, giving homeowners even more incentive to switch to solar energy. It's recommended for those who are ready to go solar to take advantage of this increased tax credit.
The ITC is a significant factor in the value of solar energy, as homeowners could receive a tax credit equal to 30% of the cost of their solar system, depending on their tax liability. Financing the system can make homeowners eligible for this benefit without any upfront cost. It's encouraged to go solar now to utilize these generous federal subsidies available for clean energy and savings.
Net metering is a crucial policy that allows your solar energy system to work effectively for you. In many states in the US, there is a regulation that grants you a credit for every kilowatt hour of energy that your solar panels contribute to the grid. Therefore, if your solar system generates 10 kilowatt hours of electricity and supplies it to the grid, you will receive 10 kilowatt hours of credits.
This policy is significant because it helps you to store the excess energy generated by your solar panels during the day for later use when you require electricity, such as at night. It's like having your own personal battery. This remarkable policy has been instrumental in the growth of solar energy and has contributed to lowering electricity costs for you and your family. It's essential to keep fighting for this policy as a consumer and a supporter of clean energy.
Signing the agreement is the hardest part when you decide to go solar with Powur. After that, we will take care of the rest. You will be assigned a dedicated project manager who will keep you informed at every stage of the process.
The first step is to schedule a site survey. Afterward, we design the solar system and submit the design to the City to obtain a construction permit. Once the permit is approved, we schedule your installation, which usually takes 1-3 days depending on the system's size. After the installation, we schedule the city inspector and/or utility company to inspect and approve the installation, which is known as "permission to operate" or PTO. When you receive PTO, we activate your solar system, and you can enjoy clean power generated by sunlight. Typically, the entire process takes about 30-60 days, including waiting for permits, inspections, and other requirements.