Residential Solar Electric
The Patrick residence is a fine example of an ultra-efficient SunPower system.
A Smart Investment
Homeowners everywhere are looking for ways to “become part of the solution”. With the green technology sector showing significant growth, installing a solar electric system on your home is now more affordable than ever! Government tax incentives, local utility rebates, and actual energy savings are contributing to the rapid proliferation of solar electricity for residential use. The advantages are many. Whether offsetting power consumption, showing your “green” side or looking to improve the value of your home, solar electric systems provide an excellent opportunity to invest in the present AND the future!
Tax Advantages
Homeowners can take advantage of the federal government’s 30% Investment Tax Credit (ITC). This applies to the “pre-rebate” installed cost and qualifies as taxable income. That said, Sunsense strongly recommends consulting your tax accountant to analyze and estimate your eligibility for these benefits.
Rebates and Incentives
In many states across the US (including Colorado), local utility companies and other non-profit organizations offer various rebates and incentives. These rebates can take the form of a fixed cost per installed watt and/or a rebate for power production (Renewable Energy Credits or RECs). Additionally, utilities have differing policies for metering your renewably generated power. “Net metering” allows a solar electric power producer to be credited at the same rate as the utility charges for consumed power.
How Much Will it Cost?
The cost of a solar electric system varies depending on size, installation logistics and available financial incentives. After a site visit and thorough evaluation, Sunsense will generate a proposal based on your needs and budget.
Financing
Many homeowners finance their systems with funds from a home mortgage or home equity line of credit. Loan payments are frequently similar to or less than what a homeowner would pay the utility for power. Plus, the homeowner now owns a solar electric system that adds value to their property and protects them from future utility rate increases.
Add Lasting Value to Your Home
A solar electric system compares very favorably with other home improvements in terms of cost recovered. A solar electric system is considered an asset that holds its value.
Proven and Dependable Technology
Photovoltaic systems operate reliably with virtually no maintenance and are designed to provide electricity for 30+ years.
Environmental Stewardship and Protecting the Future
Carbon dioxide released by burning fossil fuels is the largest component of greenhouse gas emissions that are significantly altering the world’s environment and climate. The United States is responsible for 23 percent of the 6 billion tons of carbon emissions introduced into the atmosphere each year.
Unlike fossil fuels, solar energy is a clean and renewable resource. A solar electric system for your home or business helps reduce pollution while preventing damage to the environment and public health.
