Why should you go solar? And why should you do it now? Those are big, important questions. Fortunately, you’ve come to the right place. We’ve got answers.
Top reasons to go solar in 2019:
- 30% federal tax credit
- Protection against inevitable utility rate hikes
- Perfect time to take advantage of peak technology
- Increase your home value
The Federal Solar Investment Tax Credit will knock 30 percent off the price tag on any home solar installation through the end of 2019.
The benefit is obvious here. You’ll get a tax credit for 30 percent of the cost of your installation. If your tax liability is less than 30 percent of the cost of your system, you’ll be able to roll the credit over for up to 5 years.
In order to be eligible for the full 30 percent tax credit, your system must be installed before Dec. 31, 2019. Installations that take place past the end of 2019 will only be eligible for the reduced rate of 26 percent (the ITC will continue to drop in value at the end of 2020 and 2021, and fully expires at the end of 2022).
A solar installation is a complicated process - there are dozens of moving parts between consultation and installation, and it’s impossible to guarantee an installation will be completed in a given window. Our installations typically take 60-75 days, but can take longer. In other words, the best way to ensure your installation is completed in time to take advantage of the full value of the tax credit is to get started now.
Many homeowners start saving money on their monthly electricity payments right away.
Homeowners who go solar with a financed purchase essentially replace one large monthly energy payment with two smaller ones: a solar payment and a reduced utility bill. Given the right conditions, solar is almost always a great long-term investment, but we’ve been able to make day-one savings accessible to more homeowners. We’ve done this by streamlining our operation and passing the savings on to our customers.
Going solar protects you from utility rate increases.
As utilities raise their rates, the amount of your bill offset by your solar installation becomes even more valuable. This is one of the primary ways that going solar builds long-term ROI.
Today’s systems are future-ready.
It may be tempting to wait and see what developments may be around the corner in the solar industry. After all, the average panel installed on homes today is significantly more productive than the average panel installed a decade ago. And what about batteries? What about solar roof tiles?
There are two problems with the “wait and see” approach: First, tomorrow’s technology isn’t here yet, and today’s is. It’s safe to assume that developments will come, but there’s no telling how long they’ll take or how big of a deal they’ll be. In fact, a recent study projected that panels will only become more efficient by a few percentage points over the next decade. That suggests that the greatest strides in panel efficiency are behind us, and subsequent improvements will be marginal. Other approaches, such as solar roof tiles, are largely untested, and even by generous projections, are more expensive and less efficient.
In addition, Zenernet systems are built with the future in mind. Homeowners who go solar with Zenernet will always have the option to add or remove panels to their system, and add additional features like batteries and electric vehicle chargers. This allows our homeowners to be flexible and adapt to changing lifestyles, policy circumstances, and utility prices.
Solar and smart home technology are a powerful combination.
You probably have at least a smart device or two in your home. Perhaps your entire household can be operated from the palm of your hand. Regardless of your experience with smart home technology, it’s a great power-up for your solar installation. You can use smart home technology (like Sense, an available option with Zenernet systems) to monitor and optimize your energy consumption and make your solar investment even more valuable.
Solar installation increases the value of your home.
By going solar, you add an appreciating asset to your property. In the same ways solar builds value in your own personal finances, it builds value in the eyes of people in the market for a home. Imagine shopping for a new home and finding one that had locked in its electricity rate back in 2000. That’s a pretty valuable feature. If you go solar in 2019, your home will have just that sort of feature a few years down the road.
So what are you waiting for?
Going solar in 2019 is a no-brainer. You'll save 30 percent right away from the Federal Solar ITC, you'll protect yourself from the inevitable rate increases of your utility, you're in the midst of a great time to take advantage of impressive solar technology while keeping the door open for future improvements, and the odds are good that you can gain all this and still spend less on energy each month than you already do. What more could you ask for?
Click below to get started with a complimentary, no-pressure consultation with one of our solar consultants. We'll walk you through the ins and outs of going solar and help you design a custom system from your home. You'll be armed with all the information you need to decide if going solar is right for you. Click the button below to book your consultation today!