Solar photovoltaic (PV) systems have been successfully installed in the US for at least the past 40 years. With the ongoing reduction in the cost of manufacturing solar panels, the argument for going solar just keeps getting better and better.
But lower panel costs is only part of the equation. In 2022, there are even more great reasons to invest in a solar power generation system. In this post, we’re looking at three of the most convincing among them.
Reason #1: Ease of Installation
It wasn’t always easy to install solar panels on a home or business. Now, however, most electricians or solar-specific general contractors know exactly how to plan for a successful solar panel project.
Most solar panel systems can be designed, the equipment ordered, and everything installed in mere weeks, not months.
Reason #2: Increasing Cost of Grid-Sourced Electricity
Have you noticed that your power bill keeps going up slightly year after year? It’s not just you.
In the year 2000, electricity cost, on average, was $6.81 per kilowatt-hour for retail US consumers. In 2020, the cost was $10.66, a 58% increase!
The great news about solar is that once it’s installed, there’s nothing else to pay. It’s quite literally free energy from the sun!
Reason #3: Attractive Tax Incentives
Did you know that the IRS will give you a break on your income taxes if you purchase a residential solar system between now and the end of 2023? It’s true!
You could be eligible for a tax credit of up to 26% of the cost of your solar power system. For more information, visit this Energy.gov website.
Ready to Go Solar? We Can Help!
The LeverEdge is passionate about solar. If you’re interested in exploring your options for adding solar power to your home or business, contact us and we will be happy to assist you!
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