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According to the Solar Energy Industries Association, solar energy has, over the past ten years, witnessed a compound annual rate of growth of greater than 60%. Experts state this is due in large part to the Solar Energy Tax Credits provided to those who choose to make use of this energy source. In addition, solar installation costs have decreased by 60 percent over the same time period, thus more people are choosing commercial or Residential Solar Power over the other options now offered. Individuals interested in learning more about solar power utah may contact Mountain States Solar for more information."Many people turn to solar power as a way to save money on their energy bills, yet never stop to consider that there are numerous other benefits associated with this energy source. For example, using the sun to power one's home or business is very beneficial for the environment. Air pollution diminishes when solar energy is used, and the tax credits associated with the installation of a solar power system help numerous save every year," Dave Lindenlaub, spokesperson for Mountain States Solar, explains.
The United States Department of Energy offers the Residential Renewable Energy Tax Credit, one of the largest tax credits available for the installation of a solar power system. The system must be installed by the end of 2019 for homeowners to benefit, but doing so could save the person 30 percent of the system cost. Furthermore, the tax credit continues after this time, although the reimbursement percentage does decrease with time.
"Homeowners may use the credit to install a solar water-heater system and/or a solar-electric system, depending on their needs. Certain tax credits do end this year, such as the small wind-energy tax credit, thus homeowners shouldn't delay. Any approved expenditures related to the system installation can be claimed on taxes, however, so homeowners can truly save a great deal of money. Furthermore, a Utah resident may also claim the Renewable Residential Energy Systems Credit to save even more," Lindenlaub continues.
Businesses aren't left out when it comes to solar system installation tax credits. In addition to The Business Energy Investment Tax Credit, businesses may also take advantage of the Renewable Commercial Energy Systems Credit. The first tax credit is offered through the United States government, and the second is an incentive offered by the state of Utah.
"Contact us today to discuss your solar power needs. Whether the system is used for a business or a residence, we can be of help. Now is the time to start saving money on your energy bills each month, while also protecting the environment. The tax credits and incentives make doing so more affordable than ever," Lindenlaub states.
About Mountain States Solar:
Mountain States Solar of Lehi, Utah serves as a premier full-service solar sales, installation and repair contractor. The company pays close attention to the details and offers a wide range of services. Call them today for more information.
Contact Info:
Name: Dave Lindenlaub
Email: Send Email
Organization: Mountain States Solar
Address: 1520 N State St #102
Phone: (801) 326-0984
Website: http://solarpowerutah.com/
Release ID: 185561
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