Solar energy is the future and more and more residents and businesses across the world are realizing this as they make the switch to renewable energy sources.
Solar allows you to save money and help the environment at the same time. And if you live in the Sacramento region, it is the perfect area to go solar.
Here are five reasons why.
Sacramento summers are the sunniest in the world, according to meteorological data. Sacramento, in fact, averages 13 hours of sunshine per day during the first months of summer — that’s a desirable perk from multiple perspectives. It means more time in the sun outdoors and it means bigger savings to the wallet of solar owners.
California Believes in Solar
Sacramento is the capital of the state that fully believes in the power of solar. A recent report by the U.S. Department of Energy’s Energy Information Administration showed that there are now five states that are getting more than 10 percent of their electricity from solar, and California is among them.
In addition, Gov. Jerry Brown has signed legislation that sets the goal for California to pull all of its electricity from clean energy (zero-carbon) by 2045.
The Solar Tax Credit has been extended, giving you the opportunity to save 30 percent in taxes.
As a hardworking taxpayer, you can claim 30 percent of qualified expenditures for the solar setup of your dreams using the Solar Tax Credit. Imagine providing for all your electrical needs, including solar pool heating, for your entire home with the peace of mind that you’ll no longer have to worry about inflated end-of-the-month billing surprises during the summer months. And of course, you’ll also feel good about going green.
The homeowner solar rebate deadline, however, is fast approaching, so don’t wait to act on this once-in-a-life opportunity. When the 30 percent solar tax rebate lapses, it will be reduced to 26 percent.
There are solar panel financing options available that make solar energy systems more affordable for homeowners, especially if you add in special discounts. In fact, you may be able to finance a solar energy system for your home and get low payments, with interest rates as low as 1.99 percent. A solar panel loan will allow you to have an asset that generates significant savings month after month. Plus, you will also be able to take advantage of a 30 percent federal investment tax credit and other applicable rebates and incentives.
Boost Home Value
A recent study investigated home pricing trends in various states, including California, and found that buyers are willing to pay more for a home with solar panels. According to the study, each watt of solar adds around $4 to a home’s value in California. Hence, a 5 kilowatt (kW) solar system (the national average) would add $20,000 more to a home’s value. In contrast, homes in other states garnered about $3 per watt, so a 5 kilowatt (kW) solar system would add about $15,000 in value.
If you’re interested in solar installation, please contact us at 916-853-2700 to learn more.