According to CNN, nearly 40% of people in the United States worry about paying their bills.
Between groceries and bills, utilities have strained people's wallets and increased their concerns. But with federal solar incentives, there's no reason to avoid installing panel systems. At Semper Solaris, we equip homeowners with clean energy and confidence.
Keep reading to discover why it's worth investing in an affordable solar roof system!
If you're interested in affordable solar roof installation, you must learn about tax credits. Currently, the Residential Clean Energy Credit offers homeowners 30% of the cost of a new system.
The tax credit will be extended through 2032, but you don't want to hold off on the project. The sooner you can start using solar power, the sooner you can see savings. Many of our customers are happy with the results and don't feel the additional strain on their savings.
Aside from helping cover the costs of installation and assembly, the credit can be useful in other areas.
Here is a list of improvements that are covered by the solar tax credit:
But what does the 30% credit mean for you? Check out more info below!
Solar panel systems can cost anywhere between a couple of thousand dollars to $35,000 or more. A few factors can influence the cost, so it's essential to get a quote.
When you pay for installation, not only are you responsible for the labor, but also the materials. While costs have come down in recent years, they can still appear intimidating. Taking advantage of the 30% tax credit will reimburse you a significant amount of your money and you can earn more back from savings.
If you're ready to get started, complete our quick form for a free estimate from Semper Solaris! After getting a quote, you can book your appointment and start working with our installation team.
Solar energy wasn't always a reliable solution, and when it was, it would cost a significant amount. You can get more efficient panels at a cheaper price because of innovative tech and materials.
Another reason solar energy has become more affordable with this tax credit is that there are more installers in the area. Education and training have increased to meet demand, making it more affordable for homeowners.
If you want to work with a team that supports the community and works with integrity, we are here to help. We honor our heroes by hiring and working with veterans daily! Our unique team has rare skills and values that show through our work.
Working with our expert team will give you a clear picture of what to expect with installation. Luckily, the tax credit won't be ending soon, offering plenty of time to discuss your options.
Here are a few of the most common panel selections:
Talking to our team and researching each choice can ensure you get the most suitable style installed. If you have any questions or concerns, don't hesitate to contact our team about special offers!
Although this tax credit won't be leaving for almost a decade, you will spend more in the long run if you delay the project. The quicker you get your solar system up and running, the faster you'll see your utility bills take a dip.
The Inflation Reduction Act created the solar tax credit to encourage homeowners to go green. While trying to incentivize these systems, they've improved the process to qualify for your rebate.
It's important to note that the federal solar tax credit doesn't include a check from the government. Instead, you must complete a tax section to qualify for the credit. Based on your solar panel specifications, you'll owe less money in federal taxes or the unused credit will roll over into the following year (s).
Solar panel tax credits are unique from standard deductions, which are based on taxable income. Our team can help you with planning your solar panel system installation and take the tax credit into account.
If you have a bookkeeper, they will know which processes to follow to help you qualify. File Form 5695, regarding Residential Energy Credits, is essential when you go to file taxes. Ensure that you make your claim within the same year as installation or purchase to avoid exclusion.
Our team can also assist you with making a claim during installation. The process is mostly straightforward and if any questions arise the following tax season, you can contact us for help.
If you're still on the fence about getting a new source of power, there are further benefits to discover. Many of these factors will impact your finances in minor and major ways.
While some savings will be immediately noticeable, you won't get your tax credit until the following year. Although there is a slight delay, there are other things to look forward to after your project is complete. Since 2012, Semper Solaris has been assisting homeowners with practical home improvement tasks.
Take a further look to uncover the financial benefits you'll get when you take advantage of federal solar incentives!
This low-risk investment is a great strategy for increasing your home's value. Regardless of when you want to list your home, green energy will remain desirable.
Potential buyers often see solar panels as a premium feature for homes because they require less reliance on fossil fuels. As gas and coal options deplete and damage the environment, homeowners will always have a source of power with solar panels. Even if you don't remove all sources of traditional energy, you should still appraise for a higher amount.
Consider talking to your real estate agent about using your panel system as a focal point when you go to sell. This feature may attract a new audience who is willing to pay for the benefits.
Traditional forms of power have increased utility bills for years, but you'll notice a drop once you install a panel system. Solar panels consume far less electricity, resulting in a smaller carbon footprint and bill.
The savings might seem minor when you go to pay your energy bills, but it doesn't take long to see the impact of this investment. When you add up your monthly savings, you will discover that solar panel systems are a savings solution. Not only can you earn back some of your investment with the solar tax credit, but you'll save money in all the years to come!
The 30% federal tax credit is a great incentive, but did you know there are other options to save?
Power purchase agreements are one example, they have a fixed rate and can reduce energy costs. Depending on the system, you can increase your property value with an affordable and flexible project. The great thing about PPA is that you only pay for the power and not the equipment.
Currently, California doesn't offer a state solar tax credit, but this could change. Consider following the news and learning more about solar energy to avoid missing out on future savings.
Through the Semper Cares Initiative, some veterans have even had the luxury of getting a free system. By sharing stories and nominating veterans, we've awarded energy independence to qualifying applicants. It is part of our mission to serve the veteran community beyond their time on duty.
Converting sunlight into power can thicken your wallet, but it also helps the environment. You can reduce your carbon footprint with clean energy and less reliance on fossil fuels.
Solar panels don't create harmful emissions like traditional forms of energy. You can power your home with sunlight instead of gas and coal, which contribute to climate change. While power bills continue to soar, you can avoid the extra costs and emissions.
At Semper Solaris, there is plenty to discover about optimizing your home energy and efficiency. We have a variety of services that can make your home more efficient, so you can save money and the planet simultaneously. Even if you aren't a fully green home, we also offer roofing and HVAC services, which can lead to energy waste.
Autumn and winter offer a great time to reflect on energy costs and waste to determine if your home is efficient. Many homeowners discover that traditional energy is costing more, while green solutions save.
When you work with our team, you can put a solar roof installation plan into action. Semper Solaris can tackle the labor and small details of the job, while you count your savings. With our reliable and engaging team, you can get an affordable solar roof system and trust that you are making a positive impact.
To prepare for this home improvement project, read everything you need to know about going solar!
