At SunPower® by Quality Home Services, people often as our Fresno solar panel specialists, “Can I afford solar?” Most are hesitant to continue their search for a more effective and reliable energy source that’s beneficial to the environment due to misinformation and hearsay. Fortunately, solar energy is more cost-effective than ever.
While there are various types of alternative energy sources readily available, such as wind, water and geothermal, solar energy has proven to be the most reliable and inexpensive choice for homeowners. However, purchasing the complete system may appear costly, since the price typically starts around $10,000. What people don’t know is that there are credits, tax incentives, and tax rebates associated with the purchase. Homeowners can expect to get a tax credit of up to 30% or up to $500 per half a kW. Although it must be a primary residence. Secondary properties do not qualify for these incentives.
If you’re on a fixed income, there’s no need to worry because there are multiple programs available. You may finance the installation through a traditional bank since this kind of upgraded qualifies for most home improvement loans. A home equity loan is another option, qualifying the borrower for exceptionally low-interest rates.