Solar power technologies are all set to meet most of the residential power needs in the near future. Property owners across the United States have become more conscious of what’s happening on the solar front. Some have already installed solar systems and started leveraging sustainability and net-metering benefits. Meanwhile, some are still mulling over the solar option.
The year is about to end, and if you are still sitting on the fence, continue reading this post. We will show you the reasons why you need to go solar in 2021.
Leverage the ITC Solar Tax Credit
If you haven’t installed solar in 2020, we would like to tell you that you have missed out on receiving an ITC equivalent to 26% of the qualified solar equipment’s cost. The good news is there is still time to reap some of that benefit
. If you opt for solar in 2021, you can still enjoy a 22% ITC tax credit. But beyond 2021, residential consumers won’t get any federal tax credit on solar.
If you want to keep the cost of solar setup in check, now is the time to act and proceed with a solar installation to leverage the available tax benefits. Given that 2021 is set to be the last year of the ITC, it will be a very busy year for many solar installers, and their calendars will fill up fast.
Take Advantage of Net Metering
2021 is also set to be the last year for Net Metering. This means it’s the last year to get grandfathered in to have the excess electricity your solar system produces in the heavy sun seasons of spring and summer rollover for use in the fall and winter. Net metering is what makes solar make financial sense for most buyers. Act now before it’s too late.
Start Saving on Utility Bills Today & Take Advantage of Spring & Summer Sun
Gone are the days when solar systems didn’t offer efficient electricity production and storage options. Today, you can easily find efficient PV panels with robust battery systems. They ensure you can produce enough electricity to considerably reduce your dependency on grid energy. Pairing storage components, like Tesla Powerwall, with SunPower’s Maxeon technology is designed to streamline solar electricity generation.
A robust solar system powering your residence can save you a significant amount of recurrent expenses. You can use these savings to improve your quality of life in many ways. Also, the amount saved on utility bills every month will set off any upfront cost of installing a solar system.
You can even start saving with solar from day one with a monthly lease or loan payment that is less than your current utility bill and requires no money down.
The sooner you make the decision to go solar, the sooner you can start saving. If you start looking into going solar now, you can have your panels installed in the spring, just in time for all of the summer sun that stores up and makes solar worthwhile year-round.
Cut Down Your Carbon Footprint
With every passing year, sustainable living is becoming a necessity rather than a choice. Frequent wildfires, melting poles and glaciers, and rise in sea levels on densely-populated coastal belts give a frightening glimpse of how the future will look if we don’t adopt an eco-friendly lifestyle and drastically reduce our greenhouse footprint.
It has become the responsibility of every citizen to save the planet instead of only relying on the government’s eco-friendly policies and measures. You can make your contribution (and a significant one!) by fulfilling your energy requirements through a solar system rather than banking on the power generated by fossil fuel.
If the above discussion has made up your mind to go solar in 2021, get in touch with experts at New York State Solar Farm. We offer a free-of-cost consultation to property owners on choosing budget-friendly and efficient solar setups for their properties. Our experts also ensure professional solar installations with the best quality equipment.