So how does home solar energy work? Whether you know a little or you know a lot, there’s a lot to consider in your decision to go solar. Hopefully we can help with some reasons of our own.
They used to be. But now, with advances in technology and the growth of the industry, as well as with with state and federal incentives and innovative financing programs, solar is not only a much more affordable energy option, it actually pays for itself through savings and the additional income your system will generate for you.
Since each home is unique, a solar consultation and assessment is required to measure your roof and sun exposure in order to give you the most accurate estimate of costs and potential savings figures. During your free consultation, we will give you our recommendations for the best system according to your home and needs.
With solar expanding nationwide, financing options have become even more accessible. Here are three primary options to be considered: Secured loans, Unsecured loans, PACE financing. Your solar assessment specialist will be able to help determine which option makes the most sense for your situation.
The tax benefits differ per state, but one of the biggest benefits is the Federal Investment Tax Credit (ITC), which has been significant in the support for solar growth nationwide. The ITC is worth 30% of the system’s cost and can be claimed by the system’s owner. This credit is a dollar-for-dollar reduction in the amount of federal taxes owed.
Tax deductions reduce taxpayer’s taxable income. Tax credits reduce owed taxes.
Extra solar produced by your system is measured before being sent into the grid. Once sent in, it will offset your future electricity use and costs.
After performing a free consultation, our solar assessment specialists will recommend a system that will function at the capacity you and your home require for complete efficiency. The electricity generated by your system is connected seamlessly into your existing electrical panel and is sent back to the utility grid when you generate more than you use. You will not be able to notice any difference.
Yes, typically. Your solar power system generates electricity when the sun is out, during the peak hours of demand. But your utility will continue to supply your electricity at night and at other times when you are using more electricity than you are generating.
Contact the experts at Lowcountry Solar Solutions today to schedule your
FREE energy consultation! (843) 227-0630