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THE GREEN CIRCLE

Please explore our featured blog articles about sustainability. Whether you are a novice or green expert you will find valuable information that you can like, comment or share. Welcome to the Green Circle!

Posted by on in Clean Energy

Top 3 Ways to Save With Solar Power

You could save $30,000–$40,000 over the course of 20 years by going solar.

3 ways to save

Every day we awaken to the warmth and brightness of the sun. This natural light can be directly transformed into clean energy with the use of solar panels. Each panel consists of solar cells that absorb sunlight and converts it to a natural source of power. Adding this upgrade to your home or business can provide financial benefits and immediately makes a positive impact to our environment. Here are 3 ways you can save by transitioning now.

 

Get a 30 % Tax Credit on Initial Installation & Costs:

taxes

Many people want to live a more sustainable lifestyle by converting their home or business to solar but don’t believe they can afford it. Due to advancements in technology and more availability, owning solar power system is completely attainable. It is predicted that by 2030 most of California will use clean energy as their primary source of power.

The average cost to install a solar power system is as low as $10,000 and high as $25,000 depending on your state, with California being the least expensive and Montana costing the most due to availability of resources and equipment.

The federal law provides up to a 30% rebate on your taxes for qualified systems. For example if you invest $25,000 in a Solar PV system you could get a $7500 (30%) rebate when you file your taxes making your true costs only $17,500.

 

View details here: http://energy.gov/savings/residential-renewable-energy-tax-credit

 

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