Installing solar panels is more affordable than many Intermountain West homeowners think. Making the switch to photovoltaic power is in anyone’s reach, thanks to the range of financing options available.
And, by taking advantage of every available financial incentive for adopting solar energy, you can significantly reduce the cost of going solar. Solar tax credits offer the biggest savings, and by claiming them you will:
Curious about how much money you can save with solar tax credits?
The federal solar investment tax credit (ITC) offers immense savings on photovoltaic system installation costs – and the faster you begin your project, the more money you can save.
Each year, the federal incentive amount drops:
As long as you own your solar energy system, you qualify for the federal ITC. And if you don’t owe Uncle Sam enough to claim the entire credit, you can roll over the remainder.
Many states offer their own tax credits on photovoltaic system installation – and you can claim state-level incentives along with the federal solar ITC to maximize your savings.
States in the Intermountain West region that offer solar tax credits include:
Along with state solar tax credits, homeowners in Utah and Idaho save money through net metering. The utility companies in both states give credits for electricity that their solar panels generate and send to the grid.
In other Intermountain West states, no tax credit is available – but homeowners still have opportunities to save money:
Do you have questions about solar panel installation? Or are you ready to start your project? In Utah, Idaho, Nevada, Oregon and Wyoming, switching to photovoltaic power is both easy and affordable with Intermountain Wind & Solar. Contact us today to schedule your free consultation and find out how much money you can save!
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