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Solar energy is the energy generated by the sun. It can be converted into electricity or used directly for heating and lighting purposes.
Solar panels are installed on your roof or property. These panels absorb the sun's energy and convert it into DC electricity. A solar inverter then converts the DC electricity into AC electricity, which is used to power your home or business.
Solar energy is renewable, sustainable, and clean. It can help reduce your energy bills, decrease your carbon footprint, and increase the value of your property.
Switching to solar power has several benefits. It can significantly reduce your electricity bills, lower your carbon footprint, and increase the value of your home. You'll be contributing to a cleaner and more sustainable future. Plus you will save on average four times the system cost at the 25 year mark.
Yes, there are often government incentives and rebates available for solar installation. These can vary depending on your location, so it's worth checking with local authorities or consulting a solar provider to explore the available options. Currently one is the Federal tax credit of 30%.
30% of the final system cost is credited towards your taxes at the end of that fiscal year. $45,000 (system cost)x .3 (30% tax credit) = $13,500. $13,500 would be credited towards your taxes for that year. If you happen to owe less in taxes then what you gain credit for, it will continue to roll onto the next year for up to five years.
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