Whether you’re a homeowner, business, or nonprofit, electricity costs can make up a large portion of your monthly expenses. Even if you don’t produce 100% of the energy you consume, solar will reduce your utility bills, impacting your bottom line, as well as increase the resale value of your home. With the cost of solar technology becoming more affordable, now is a great time to make the switch as the Inflation Reduction Act has increased the Federal Tax Credit for solar from 26% to 30%. The Federal ITC Tax Credit of 30% ends December 31, 2032, while having the ability to generate REC income with your system.
