Did you know that the United States now has over 2 million homes that are on the solar grid?
Solar panel installation has become increasingly popular as a way to provide electricity to your home for cheap. Not only do home solar panels save you money in the long term, but you can sell excess solar for a profit.
Choosing residential solar installation is a great way to help the environment while also helping your bank account.
Continue reading to learn more about connecting your home to the solar grid.
Check With Your State and Utility Company
When it comes to solar power, most states have a way of measuring net metering. Net metering is the measurement of the electricity that is generated by your residential solar installation.
Net metering is great because it allows you to make money off of the excess energy that your solar panels produce. This electricity ends up being stored on the solar grid and you receive credits for producing it.
Using electricity when you’re home draws down on those credits but if you produce more than you use you’re able to sell those credits you generate to the electric company for profit.
It is important to know that the rules and regulations vary by state and utility company. There has also been pushback by people who say that people who create renewable energy need to pay the grid for being able to use it.
Because of that, it is important to profit off of these credits while the opportunity exists. Get in contact with solar installation companies like Blue Raven Solar to get your residential solar installation scheduled.
Tax Benefits of the Solar Grid
Another thing to be aware of when you choose to connect your home to the solar grid is the tax benefits that you’re entitled to. Most states offer an incentive for homeowners that take steps to make their homes more sustainable.
If you choose to get home solar panels you’re eligible for the federal solar tax credit as well as state tax incentives depending on which state you live in.
Install and Profit
Another benefit of connecting your home to the solar grid is that you can balance out your electrical bills and pay for the investment of solar energy in a matter of years.
In order to do this, you’ll need to make sure you’re creating more electricity than you’re using. A great idea for this is to research how much electricity your household is using.
From there, make sure that the solar system you have installed will generate more electricity than your home will need. You can even use this as a way to earn a passive income off of the solar grid.
Connect to the Solar Grid Today
Connecting to the solar grid is a great choice for your entire household. It will save money and even become a source of passive income. It is important to look up the rules and regulations that your state government has in place.
Additionally, you’ll be entitled to federal tax credits for producing renewable energy from your home.
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