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When you install solar panels, you’ll save money on your utility bills, gain energy independence, improve your home’s value and enjoy a fast return on investment. Sounds great, right? While the benefits of going solar are undeniable, certain factors can affect your energy production and home PV system cost. Here’s what you need to consider as you plan your photovoltaic power project. Rooftop Structure Can your rooftop accommodate solar panels? Your home PV system will produce electricity for decades. Your roof needs to be in good condition before installation, as addressing problems later on will be both challenging and costly. If you’d rather not budget for roof repairs or replacement when you install solar panels, look at alternate placement options....
The federal solar tax credit offers huge savings on PV installation. Claim it, and you can reduce your income tax liability by 30 percent of your photovoltaic system costs – and the incentive has no cap on value. But if you want to take advantage of the full 30 percent federal investment tax credit (ITC), you’ll need to act fast. Put off your PV installation for too much longer, and you won’t save as much with the solar tax credit. Projects Must Begin By December 31, 2019 Thanks to a recent change in the ITC rules, you have a little more time to qualify for the full 30 percent solar tax incentive. The requirement to have your photovoltaic system in...
Are you looking for a solar contractor? Take care when making your choice of which professional to hire. Installing a home PV system is a sizeable investment in your home and your future, and you want to spend your money wisely. If you’re not sure where to start, this step-by-step guide should help you find the right photovoltaic provider to meet your needs. Step 1: Compile a List of Local Solar Contractors First of all, do a Google search for local solar providers. Include your city and state to ensure the results offer service in your area. Chances are, you’ll come up with quite a few options, so make a list. Step 2: Examine Solar Contractor Credentials Next, check the...