Tax Benefits You Don’t Want to Miss
Go Solar, Save Big: How the Federal Tax Credit Can Put Money Back in Your Pocket.
Thinking about going solar? There’s never been a better time to make the switch. Not only can solar panels lower your energy bills and increase your home’s value, but homeowners who install solar may also qualify for major tax savings that make the investment even more affordable.
The Federal Solar Investment Tax Credit (ITC)
Right now, the Federal Solar Investment Tax Credit (ITC) offers homeowners a 30% tax credit on installation costs. That means if you spend $20,000 on a solar system, you could save $6,000 on your federal taxes. That’s real money back in your pocket—just for choosing clean energy!
State & Local Incentives
In addition to the federal tax credit, many states and local utilities offer rebates and incentives for installing solar. These programs can lower your upfront costs even further and help your system pay for itself faster.
Some utilities provide rebates for each kilowatt installed.
Certain states offer property tax exemptions for the added value of solar.
Net metering programs may even allow you to earn credits or payments for sending extra solar energy back to the grid.
Why It’s Worth It
Switching to solar is more than just an eco-friendly choice—it’s a smart financial decision. Over time, you’ll save significantly on monthly energy bills, protect yourself from rising utility costs, and enjoy the peace of mind that comes with producing your own clean energy.
Ready to Explore Your Options?
Talk to Stanford, a trusted local solar installer, to see how much you could save. With tax credits, rebates, and long-term energy savings, solar may cost less than you think—and the sooner you start, the sooner you save.
👉 Interested in learning more about local solar incentives? Contact Stanford today to schedule a consultation.