According to a study conducted by the Edison Electric Institute, electricity prices increased 2.5% annually between 2000 and 2006. Since then, they have continued to rise due to the increasing costs of fossil fuels, such as coal and natural gas. As a result, many people have opted in for solar panel systems, which act as an investment for those wishing to spend less money on electricity in the long run.
Additionally, the United States government offers significant tax credits for those who choose to install solar panel systems as alternate energy sources. Until December 31, 2016, a residential federal tax credit of 30% will continue to exist. In sunny states, such as California, many persons are able to obtain additional incentives like waived fees, expedited permits, and cashback.
You May Be Able to Sell Extra Power to Local Power Companies
Unlike many other states, California allows homeowners and business owners with large solar panels and ample amounts of energy to sell their excess power to the local power companies using what is referred to as feed in tariffs. For some business owners and homeowners, these feed in tariffs can result in an additional residential income of hundreds of dollars each year!
Let Sea Bright Solar Help You Save Money
At Sea Bright Solar, our Redlands solar installers are committed to helping our clients save money and reduce their carbon footprints. That is why we offer 10-year warranties on all of our systems and handle every aspect of the job, from the sales process to the installation, to the post-installation care that is necessary to maintain systems. When you choose to work with our team, you can rest easier knowing we will do everything in our power to deliver positive results right away!
To speak with a member of our team about how you can benefit from a solar panel system, contact Sea Bright Solar today! We cannot wait to work with you!
