The “Insider” Secrets of Solar Incentives

The government is pushing for more Texans to take advantage of solar incentives as a way to save money and reduce energy bills. With various options available, these incentives are designed to help households make the switch from expensive electricity sources to solar energy. Let’s explore the “insider” secrets of solar incentives…

For starters, homeowners who install solar panels may be eligible for the federal Investment Tax Credit (ITC). This tax credit allows consumers to deduct up to 30% of the cost of their property’s installation from their taxes – making it an attractive incentive for many households.

In addition, states and municipalities often offer other incentives like rebates and grants that can cover additional costs associated with installing solar panels. Consumers should check with a solar professional regarding any additional benefits they may be eligible for – including net metering programs that allow them to sell excess energy back into the grid.

Government incentives are available in many forms, such as tax credits, write offs and financing programs. Tax credits are among the most widely used incentive options – they allow taxpayers to subtract a portion of their taxes based on how much money has been spent on solar energy equipment or installation costs.

Write-offs are also available for those who qualify – at Sunfuse we work with tax professionals to get every single penny we can to offset the cost of solar. Our goal is to put money back into your pocket instead of the old way of doing energy business — taking money from you.

Finally, there are various financing programs which allow individuals or companies to borrow money from banks or other lending institutions in order to cover initial costs associated with installing a solar system.

Hopefully these “insider” solar incentive secrets have shed some light on additional benefits of going solar with Sunfuse.