Benefits of Installing Solar
Our mission is to educate homeowners about the benefits of installing solar. Solar energy can save money, increase the real estate value, and make possible more self-reliance.
Discover the Benefits of Installing Solar!
Reduce or Eliminate Electricity Bill
One of the biggest benefits of installing solar on your home is the ability to reduce or even eliminate your annual electricity bill. By examining the home’s historical electric usage, Sun City Solar can properly size your system to cover all of your energy needs. For example, a home’s annual electric usage can be $2,000+. By going solar, that money stays in your pocket every month. That means you start saving money from Day 1 and your savings actually pay for the system!
The electric rates utilities have charged consumers have steadily increased year over year. Unfortunately, this rate escalation will continue forever. However, by going solar, you can lock in your current and future electric costs and avoid future utility rate hikes!
Earn 26% Tax Credit
The US Government pays for 26% of your total system costs! Once your solar energy system is installed, the government provides a Federal Income Tax Credit for 26% of the total installed cost. This is a tax credit, not a deduction. It comes straight off your tax bill. In addition, if your tax bill is less than the solar credit, you can carry over the difference to next year’s tax bill.
The current 26% tax credit is only good through 2021. After 2021, the residential tax credit will drop to zero and the commercial tax credit will remain at 10% permanently.
For more information, please visit the IRS Page: About Form 5695, “Residential Energy Credits” https://www.irs.gov/forms-pubs/about-form-5695-residential-energy-credits
Increased Home Value
Solar panels can significantly improve your homes resale value. Most home buyers understand a home with solar panels means lower monthly utility costs and more money in their pocket. Home buyers will pay a premium to not be stuck paying the electric company thousands of dollars every year.
Help the Environment
Electricity from solar is clean, pure energy, derived from the sun. Unlike oil, coal or natural gas which have limited supply, there is no limit on sunlight. No one controls the sun, therefore as long as the sun rises every morning, there is an endless amount of free energy that can be harnessed and used by everyone.
Return on Investment (ROI)
Residential and Commercial solar electric systems can be viewed as a financial product and can be compared to any other long-term investment. For example, your investment in installing a solar system can produce a 10%, 15%, or even higher annual return on investment….and that is for 25+ years. Historically, the stock market has an 8% annual rate of return. Solar can double that rate by investing in a solar energy system.
From Day 1, the benefits of installing solar will be apparent. First, saving you money by producing electricity for you to use in your home or business. In addition, most systems installed by Sun City Solar carry a warranty of 25 years, virtually guaranteeing your system will not only pay for itself quickly but continue to put money in your pocket for 25+ years.
Federal Tax Credit
By taking advantage of all the current incentives available (26% Federal Income Tax credit, Historic District Tax Credits, Accelerated Depreciation for businesses), there is no better time to go solar than right now. So let Sun City Solar show you how to put your investment to work and start putting money in your pocket every month.