A little known government program called the Residential Renewable Energy Tax Credit,coupled with the massive evolution of solar technology, have combined to make 2016 the best there has ever been to consider solar for your home. This program allows Americans to install solar on their homes for shockingly low cost, and reduces their electricity payments by an average of $1,560 per year.
But there's a catch: Like most government programs, this tax credit is likely temporary, and is currently set to expire on December 31, 2016.
A Middle Class Stimulus Package
Unknown to many, the residential renewable energy tax credit, is targeted towards the middle class. If you own your home, and your electricity costs are over $100 a month on average then you most likely qualify. Basically, the government wants you to have the benefits of solar power, which puts more money in your pocket, creates jobs in America, and helps fight climate change. There are several options to take advantage of these incredible incentives, which utilities hate. Here is why:
-You can now get solar with no upfront costs thanks to home solar loans
-$0 down lease and PPA programs use the incentives to give you low electricity rates
-Upfront purchase provides immediate payback with zero interest and 70-90% lower electricity costs
Solar Has Never Been Cheaper
In fact, solar is about 99% cheaper than when the technology was born. You wouldn't have bought a computer when it was first invented, or in its first iterations, because you would have had to mortgage your house to do so, and it's processing power is now eclipsed by today's most basic smartphone.
If you are interested in more information about going solar and live in the Fresno, California area we recommend contacting Pacific Solar Company
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