You can not only save money on your energy bills but also earn a nice return by investing in Pennsylvania's solar panels. Pennsylvania's growing solar industry has made it a great place to invest in solar panels. Before you decide whether you want to go solar, here are some things you need to be aware of.
There are many reasons why you should invest in solar panels. However, the solar tax credit is one of the most compelling. A 30% tax credit may be available for those who install solar energy systems on their roofs. This credit can be applied for many types of equipment, including solar panels.
Pennsylvania's legislature has also allocated significant funds to the solar industry. Keystone Solar Project has 700-home power potential in Pennsylvania.
Pennsylvania has several solar-related bills that might be of value to homeowners. Pennsylvania's currently pending renewable energy legislation should increase access to solar energy for many Pennsylvanians. However, some aspects of the legislation have not yet been passed by committee.
The state's electricity restructuring law enacted in the mid-1990s established a clean energy public benefits program. AEPS (alternative Energy portfolio standard) was also established by the state to promote solar energy. AEPS demands that utility companies use at least 18% of their power to generate renewable energy by 2021.
The state's net metering law is also a plus for those interested in solar. It makes solar panels cheaper, especially when combined with a federal tax credit.
Solar panels are a great way to reduce your electric bill and increase your home's value. An average solar panel installation can increase a home's value by 4%. That's a lot of extra money, especially if you live in a home that's suited to solar conversion.
In the last decade, solar panel technology has advanced significantly and its cost has dropped by 80 percent. You can find out more about the benefits of installing solar panels by contacting the Department of Environmental Protection.
It is the best time to go green in Pennsylvania. Talk with an expert if you are thinking of installing solar panels to your roof. They can tell you about solar incentives, the most important solar features to look for, and other related information.
The greatest incentive to get solar panels installed in Pennsylvania is the previously mentioned solar tax credit. A power purchase agreement is a great way to save money on your electricity bill. It is very similar to a lease agreement. You don't need to make a downpayment and can start saving money right away.