If You’re Interested in the 2019 Solar Tax Credit, It’s Now or Never
Solar ITC benefits are being phased out beginning in 2020, so act now.
The solar energy industry has grown exponentially over the last decade, and it’s not because consumers have become more environmentally conscious. It’s because the costs of going solar have gone way down thanks to government incentives like the 2019 solar tax credit, which lets you deduct 30 percent of the value of any solar energy system you install off your yearly tax bill. Unfortunately, the solar tax credit is set to drop in 2020, and will be phased out completely over the next few years. So if you want to take full advantage of these savings before it’s too late, you need to get started with Understand Solar today.
Understand Solar is a third-party solar power advocate. That means they don’t sell or install solar energy systems. Their job is to help the solar industry expand by educating consumers and making it easier for them to navigate the solar marketplace.
If you’re new to solar energy, Understand Solar will teach you everything you need to know. They’ll teach you how solar energy systems work, how they connect to the public grid, how much solar panels cost, and how long solar panels last. They’ll also give you an overview of all the equipment you need, all the financing and leasing options available, and how the 2019 solar tax credit works.
When you’re ready to take the next step, Understand Solar will then provide you with a personalized solar energy assessment. All you have to do is fill out their simple online form and provide a few details about your home. After that, an Understand Solar expert will contact you via phone and go over your assessment, answering any questions you may have. But absolutely no commitment is required.
It may turn out that solar energy isn’t right for you at all. If that’s the case, your Understand Solar representative will explain why. However, you might discover that you actually stand to lose money in the long run if you don’t go solar.
Generally speaking, retrofitting a home for solar energy immediately increases its property value. One recent study found that solar energy systems add about 4.1% to the value of the average home, with higher rates occurring in major urban areas. Another study that buyers are generally willing to pay $15,000 more for a home with solar energy. And yet another study concluded that, assuming your house gets enough light, you gain about $5,911 in value for each kilowatt of solar installed. When you factor in the projected long term electricity rate hikes, over the course of 20 years an investment in solar energy can easily outperform traditional investments in the stock market.
Your Understand Solar representative will help you understand if solar is a good fit for you and lay out all your options. Then, if you wish to proceed, they’ll help you arrange in-home estimates with experienced installers in your area.
Want to find out if solar energy can reduce your energy bill and add immediate value to your home? Don’t wait until the 2019 solar tax credit expires. Go to UnderstandSolar.com right now and fill out their simple online form.
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