Solar Installation
Electricity costs are on the rise but so are the incentives for harnessing the suns’ rays, there’s been no greater time to invest in Solar.
Solar panels convert sunlight to DC electricity, an inverter then converts the electricity from DC to AC.
This newly converted electricity is used to power your home. Any unused electricity is sent to the Grid crediting your electric bill. Pretty straightforward process, great return on investment.
Incentives
The U.S. Department of Energy allows you to deduct 30% of the Solar system installation cost from your Federal taxes. www.energy.gov
Mass Solar Loan issues income eligible families who apply and qualify a 20% to 30% pay down on principal owed on a Solar loan. www.masssolarloan.com
The State of Massachusetts will give homeowners of a primary residence a credit of up to $1,000 towards State taxes. https://www.mass.gov/topics/energy
The SREC Trade, issues a Solar Renewable Energy Certificate allowing homeowners to sell unused power back to the electric company for tax free profit over 10 years. https://www.srectrade.com/residential
Net Metering, which credits your electric bill for the excess energy you produce, allowing neighboring homes to use this excess while providing you a surplus to use in under producing months. https://www.mass.gov/guides/net-metering-guide
For a comprehensive consultation on the process of Solar Installation, price point, potential savings and timeline contact us. There is no project too big or small, we are here to guide you.