You can save money on your electricity bill by investing in Pennsylvania solar panels. However, you will also get a good return on your investment. Pennsylvania's solar industry has been booming over the last few years, and the state is a prime candidate for solar growth. But before you decide whether or not solar is right for your needs, there are a few things that you need to know.
There are many reasons to install solar panels. One of the most compelling is the tax credit. A 30% tax credit may be available for those who install solar energy systems on their roofs. You can apply this credit to many different equipment types, such as solar panels, solar hot-water heaters, or solar water heaters.
The Pennsylvania legislature has set aside substantial funds for the industry. Keystone Solar Project is located in Pennsylvania, and has the potential to power 700 Pennsylvanians homes.
A number of solar-related laws in Pennsylvania may also be of interest to homeowners. Pennsylvania's pending legislation on renewable energy is expected to improve access to solar power for many Pennsylvanians. Some of the legislation is still in committee.
The state's mid-1990s electricity restructuring law established a clean energy public benefit program. AEPS (alternative Energy portfolio standard) was also established by the state to promote solar energy. AEPS directs utilities to make renewable energy a priority by converting at least 18% in their capacities by 2021.
A plus for solar enthusiasts is the state's net-metering law. It helps make solar panels more affordable, especially when paired with a federal tax credit.
Solar panels are a great way to reduce your electric bill and increase your home's value. Solar panel installation can increase the home's value by an average of 4%. This is a substantial amount of money, especially when you live in a home that can be converted to solar energy.
The cost of solar panel technology has fallen 80 percent over the past decade. This is despite the fact that it has made great strides in the technology. If you're thinking about installing solar panels, be sure to check with the Department of Environmental Protection for information on what you can expect.
Pennsylvania is the best state to go solar. Before you decide to install solar panels on your roof or other structures, consult an expert. They can inform you about solar incentives as well as the best features and related information.
The biggest incentive for installing solar panels in Pennsylvania is the aforementioned solar credit. You can save money on your electric bills by signing a power buy agreement. This is similar to a rental agreement. This will allow you to start saving money immediately, as there is no down payment.