Solar Tax Incentives and Rebates
Right off the top, the Federal Government will give you a 30% of the total cost as a Federal tax credit. That's huge. On top of that, your local utility company may buy back the power, after you tie into the grid at nearly double the price you produce it for. In addition, you can get local state and city tax incentives. Many people interested in solar panels will have to only pay around 10% of the total cost, after incentives. However, other areas will require the homeowner to pay a much higher share of the cost. It all depends on where you live. Fortunately, there is a database of incentives to give you an idea based on where you live. You can find the information at www.dsireusa.org Nowadays, there are a lot of incentives to move towards solar and so it is a good time to do a solar project.
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