Why Switch to Solar Power
The term “Solar Energy” refers to the utilization of the sun’s energy to create clean and renewable source of power for various uses.
SOLAR ENERGY: An increasing number of households are adopting more energy efficient technologies which are benefitting them by decreasing their power consumption and thereby leading up to considerable cost savings over a long term. “Solar Energy” is one of the best types of alternative, green energy sources that are used today to help reduce our dependency on fossil fuels for power.
THE ENVIORMENT: Make the world a better place, implementing green practices into your home or business to reduce waste, conserve natural resources, improve both air and water quality, and protect ecosystems and biodiversity.
THE SAVINGS: Make your dollar go further with Green systems and materials that reduce energy consumption, which in turn reduces your energy bills, and increases structure’s value and/or the profits from your Green investment while decreasing marketing time for a future sale, making your dollar go further for longer;
YOUR HEALTH: Green building isn’t just good for the environment; it’s also good for YOU! Our professionals will design, engineer and install a suitable and sustainable design with technology features that will enhance a resident’s overall quality of life by improving air and water quality and reducing noise pollution.
10 Reasons to go Solar
Solar power is abundant, unlike other resources of energy that are scarce, and hence come at a hefty price. Just look at your monthly energy bill and you’ll know what I’m talking about. This is one of many reasons to go solar.
The striking increases in energy costs have taken a toll on our finances. In this day and age, where electricity is scarce, energy from solar panels is an untapped treasure that is surprisingly affordable. Here are 10 great reasons why you should install residential solar panels on your roof and go solar today:
1. Save Money
The fuel prices are getting higher and higher and there is little hope for the trend to change in the near future. Going solar helps you save on energy costs. According to research, solar can help cut down an average range of 40 to 60% of your energy bill.
2. Low Energy Bills
Solar panels use energy from the sun – and you don’t have to buy energy from the sun. Also, with rapidly increasing electricity prices, staying on the grid is only likely to fizzle out your savings.
3. Boost Home Value
Homes with residential solar panels installed on their roofs have a higher market value and are likely to find a buyer more quickly if put up for sale. According to estate agents, many home buyers now look for homes with pre-installed panels as it saves them the installation costs and other related costs and hassles.
4. Reduce Pollution
Going solar means you say no to greenhouse gases and help reduce the carbon footprint and fossil fuels in the environment. Even though you may think it only a small contribution every little step towards reducing pollution can have a strong impact in the long run.
5. Share Energy
Solar panels often produce more energy than you require, which you can share with other households in your neighborhood – thus, giving rise to the concept of solar suburbs.
6. Long term investment
Solar panel installation in your home doesn’t give you immediate benefits, but in the long run benefits are huge. The return on investment on installation of these residential solar panels is massive. You can cut down your energy spending by half; also, since these panels have a warranty for 20-25 years, you don’t have to worry about replacing them or getting new ones.
7. Low Maintenance
If you’re concerned about the high cost of maintenance of these PV panels, then you can stop now. These panels are super low maintenance. They require optional seasonal cleaning. This is only to clear dust or dirt from the panels to remove all things that obstruct the sun rays from reaching the panels however precipitation is usually enough cleaning.
8. Promote Green Energy
You become part of the green energy revolution, and a responsible citizen to promote clean energy in your area. Using renewable energy to run your home is not only good for you and your family, but for the society too. You can become an ambassador for green energy; in the long run it can really help curb costs.
9. Government Incentives and Policies
Tax rebates and government incentives are the reasons why solar power has started spreading across America. “The global market for solar panels is expected to soar to a record high in the first half of 2016 because of strong demand as well as favorable policies in the U.S. and China, says a new report from research firm IHS Technology.”
10. Solar Financing
Many companies that offer residential solar panels offer multiple solar financing options to homeowners. This is a great opportunity for homeowners on a budget who want to switch over to solar.
RB Green Energy installers expertly install panels on your roof using skillful techniques and tools. With so many reasons to go solar, there is no turning back! So, when are you planning to go solar?
3 Home Solar Myths Debunked
Hearing mixed messages about solar energy? We at RB Green Energy dig into some energy details to assist in refute of three common alternative energy myths and reveal the benefits of home solar panel technology.
Myth 1: “Solar doesn’t operate in cold, cloudy, or foggy climates”
FACT: Solar power panels work nicely in ambient light and may produce significant energy within the fog or on cold days. Actually, solar power panels are nearly just as efficient at cooler temperatures than hot ones. Even though this might appear counter-intuitive, take into account that solar power panels on the rooftop in awesome, foggy San Francisco Bay Area produce nearly exactly the same as the usual home in nearby Sacramento, where it’s sunny and hot.
Myth 2:”Solar will appear ugly on my small roof”
FACT: We believe solar power panels are beautiful and many more now agree. There’s been lots of attention earlier this decade on alternative energy. Because solar is benefiting the atmosphere and people’s pocketbooks, rooftop panels are actually considered by many people to become an enhancement rather of the eyesore.
Myth 3: “Solar continues to be so costly that it’ll never purchase itself”
FACT: Many people believe that going solar is just for wealthy people or extreme environmentalists. However, many homeowners decide to go solar because of the way it can help to save them money by offsetting their energy costs. Modern financing options imply that big upfront costs aren’t an obstacle because a lot household will go solar for virtually no money up front. Actually, solar has become certainly one of a couple of household purchases that may really provide you with short-term and lengthy-term savings. Based on Energy Sage, during the last twenty years electricity prices rose between 2.5%-7% every year. By going solar, homeowners may potentially freeze their Lock-In their rates to safeguard against rising utility rates.
Solar Investment Tax Credit (ITC)
A solar investment tax credit equals a 30%The Solar Investment Tax Credit (ITC) which is really a 30 % federal tax credit for solar systems purchased and placed on commercial and residential structures. For residential installations, the ITC would be relevant to the homeowner’s earnings taxes. The loan can be obtained when the solar product is switched on and completely functional around the homeowner’s house. Be aware that there’s a noticeable difference between a rebates vs. a credit.
So how exactly does the Solar Investment Tax Credit Work?
A tax credit is really a dollar-for-dollar decrease in the earnings taxed and payable to the federal government and claiming the loan would certainly reduce what is paid to US government. The ITC is dependent on the quantity of purchase of solar property. Both commercial and residential ITC are comparable to 30 % from the basis that’s committed to qualified property that has commenced construction through 2019. The ITC then steps lower to 26 % in 2020 and 22 percent in 2021. After 2023, the residential credit will drop to zero as the commercial and utility credit will drop to some permanent 10 % figure.
Commercial and utility projects that have commenced construction before December 31, 2021 can always be entitled to the 30, 26 or 22 percent ITC if they’re put into service before December 31, 2023. The Treasury and IRS are presently drafting guidance that will inform solar developers which number of ITC they’ll be eligible to take as the project begins.
Solar Investment Tax Credit
What kinds of solar electric systems entitled to the 30% Federal Tax Credit?
- ANY complete solar energy package, for home or office.
- Emergency battery backup system, as lengthy because the purchase includes a minimum of one solar collector (panel).
- Product purchases that expand your overall solar energy system and can include a minimum of one solar power.
- Solar System for RV and boat that’s been recognized through the IRS like a vacation home for tax purposes.
Some Details Regarding Eligibility from the Federal Tax Credit:
- The structure qualified and offered ITC through the system doesn’t have the taxpayer’s principal residence.
- When the federal tax credit exceeds your tax liability, the surplus amount might be forwarded to the next toward the succeeding taxed year.
- There’s no ceiling around the tax credit.
- Pertains to equipment AND installation costs.
- For Residential Alternative Energy Systems, use IRS Tax Form 5695 to report your expenses. (You can use it for just about any residence, not only most of your one.) Find out more about residential tax credits by contacting own tax professional.
- Commercial systems have similar guidelines as residential systems but use IRS Tax Form 3468. Lean much more about commercial tax credits.
- See other condition, county, city and utility company rebates and incentives.
- * Every individual’s tax scenario is different. Please see a tax professional to make certain you are relevant.
Federal Tax Credits Essentially Through 2021
In December 2015, the Consolidated Appropriations Act extended the 30% credit for residential solar towards the finish of 2019. After that it steps lower over 2 yrs and expires completely in the finish of 2021.
- 30% for systems put into service by 12/31/2019.
- 26% for systems put into service after 12/31/2019 and before 01/01/2021.
- 22% for systems put into service after 12/31/2020 and before 01/01/2022.
- There’s no maximum credit for systems put into service after 2008.
- Systems should be put into service on or after the month of January 1, 2006, as well as on or before December 31, 2021.
- The house offered through the system doesn’t have to be taxpayer’s principal residence.