Your Solar Advocate is cutting the cost of Solar without sacrificing quality. Homeowners can buy everything for cost and have it installed by the same seasoned professionals the solar companies use. We provide invoices to verify the actual cost of materials. We are Professional Solar Installation Specialists. Buy direct from the actual installers of solar systems eliminating the automatic cost of $6000 for salespeople and management from the start and it gets even better from there. In addition, we offer solar system repair, maintenance & solar panel cleaning services.
Your Solar Advocate is cutting the cost of Solar without sacrificing quality. Homeowners can buy everything for cost and have it installed by the same seasoned professionals the solar companies use. We provide invoices to verify the actual cost of materials. We are Professional Solar Installation Specialists. Buy direct from the actual installers of solar systems eliminating the automatic cost of $6000 for salespeople and management from the start and it gets even better from there. In addition, we offer solar system repair, maintenance & solar panel cleaning services.
The home solar tax credit is $5000, and the homeowner has paid in advance or owes $10,0000 in income taxes. They can claim the full amount of their solar tax credit when they file taxes for the calendar year of purchasing solar. Deduct $5000 from their $10,000 tax liability and they only pay $5000 in taxes for that year. This is a completed tax credit claim for $5000.
The home solar tax credit is $5000, and the homeowner has paid in advance or owes $3000 in income taxes. The homeowner cannot claim the full amount of their solar tax credit when they file taxes for that calendar year. A $5000 tax credit exceeds the $3000 tax liability. The homeowner is limited to a $3000 credit for that calendar year but can roll over the $2000 in the next calendar year for “up to but not exceeding 5 years” to exhaust the tax credit.
In this example, the homeowner thinks they have a $5000 tax credit, but they’re retired and have no taxable income. They cannot qualify for the ITC tax credit without an income tax liability for the calendar year of their solar purchase. This is where many salespeople have misrepresented the tax credit because the homeowner doesn’t find out until tax season rolls around and then they learn they don’t qualify for the tax credit.
Disclaimer: It’s imperative to Seek Expert Advice from a Tax Expert About the ITC Solar Tax Credit Because No Two Homeowners’ Income Taxes are the Same. Consult with a Tax Expert to Determine if You Qualify for the ITC Tax Credit and How Much You Qualify for Per Year.
Your power company offers nothing more than a higher power bill during any given period because they’re essentially renting power to you. It’s not uncommon for homeowners to have expensive power bills that can be offset with solar power for much less. Homeowners using the same money they are paying the power company can offset the cost of a home solar system in 6 to 12 years.
Solar energy offers the best of two worlds, lower cost per kilowatt, and a return on investment. Purchasing solar is the same as buying a home, they’re both investments. Renting power doesn’t have a return on investment like solar energy offers.
Homeowners have a break-even point for home solar because they’re using the power companies’ money to offset the cost of solar. At the break-even point, any power generated from solar is FREE! Home solar is the equivalent of owning a power company because the system continues to generate power long after a solar system’s cost is offset by using the money you would have been paid the power company without home solar.
Homeowners have a break-even point for home solar because they’re using the power companies’ money to offset the cost of solar. At the break-even point, any power generated from solar is FREE! Home solar is the equivalent of owning a power company because the system continues to generate power long after a solar system’s cost is offset by using the money you would have been paid the power company without home solar.
Home Rental Properties benefit financially from solar because they can negotiate a better price for installing solar on multiple homes. Home solar is a guaranteed investment for single or multiple home rental properties because tenants can be charged for the power produced for the next 25 years.
Many property rental owners who don’t have a long-term plan and might be selling their homes shouldn’t be concerned because solar increases the value of a home. Homes with solar panels often attract environmentally conscious buyers. Zillow found that homes with solar power sell for an average of 4.1% more than comparable homes without solar. Combining the increased home value and the ITC tax credit makes solar a sound investment for rental properties, short or long-term.
High-quality solar panels can last 30 years or more, Solar Panels have no moving parts. Regular maintenance contributes to their longevity. Major Manufacturers Warranty Solar Panels for 25 to 30 Years.
Generally, home solar systems take 7 to 10 years to offset your previous monthly power bills. After the breakeven point of what you would have paid the power company you’ll have “FREE” power for 15 years or more. Without question Cash buyers get the greatest ROI.
Most grid-tied solar systems automatically shut down during power outages for safety reasons. However, with battery backup storage, you will have power during blackouts.
Yes, studies show that homes with solar energy systems sell for more than those without. Owning (rather than leasing) the system increases property value significantly.
Homes with solar panels often attract environmentally conscious buyers. Zillow found that homes with solar power sell for an average of 4.1% more than comparable homes without solar. Combining the increased home value and the ITC tax credit makes solar a sound investment for rental properties, short or long-term.
Shading from trees, buildings, or other obstructions can significantly reduce panel efficiency. Proper placement and design can minimize shading effects. The first two steps after purchasing home solar are Design and Site Inspection to be certain solar is a good option.
The laws are on the homeowner’s side, and nobody can stop solar system installation. Unfortunately, Solar might not be financially equitable for many homeowners. That’s why it’s best to work with Your Solar Advocate, because we will inform you if solar isn’t practical for your home. Solar panels will not be effective with a shade covered roof.
Regular cleaning and occasional inspections are recommended to ensure optimal performance.
Home improvement endeavors are typically costly, yet none offer a return on investment quite like home solar installations.
Your Solar Advocate © 2024 All Rights Reserved.