There are many good reasons to use solar energy for families or businesses. Many Gulf area homeowners have installed solar systems to protect themselves and their families from rising energy prices. It is difficult to accurately predict how much and how fast the power cost will rise, but one thing is certain: the power cost will continue to rise. On the contrary, investing in solar energy in households or enterprises can not only reduce or completely eliminate the monthly power cost, but also improve the property value of households and reduce the operating cost of enterprises. The third and very important financial incentive is the federal government’s generous solar tax relief.
The solar tax credit allows homeowners to reduce their income taxes to the federal government. The credit is conducive to the homeowner’s 30% investment in solar energy systems(including solar panels, charging converters, batteries, converters), but only for the next three years. The tax credit will be reduced to 26% by 2020 and 22% by 2021. After 2021, the solar tax deduction for residential customers will completely disappear. Although credit is likely to be extended, many homeowners considering solar energy plan to install systems in the next few years to take advantage of credit.
For enterprises that want to protect the environment, they can enjoy up to 70% of the solar energy tax preference. Not only are they eligible for 30% of the federal tax credit, but they can also accelerate the devaluation of the solar system within five years. These tax incentives are equivalent to 60%~70% of the system cost. Through 3-4 years of energy conservation, you can recover all your investment.
In addition to the economic effect of solar tax relief, many people decide to use solar energy. Because I think solar energy is a more environmentally friendly solution. Solar energy is not only sustainable, but also renewable. Solar energy provides zero emission mode for buildings, electrical appliances, hot water and electric vehicles. The more popular and popular solar panels on roofs or garages are, the more they can reduce the load on coal-fired power stations.
In the United States, the carbon emissions of buildings account for 38% of the total carbon emissions. The use of solar energy can significantly reduce our carbon footprint. A typical residential solar panel system will reduce 3-4t of carbon emissions, such as planting more than 100 trees every year. The use of solar cleaners is not only a good way to achieve green, but also a good way to save green energy partially by using solar cleaners before the expiration of the solar tax deduction.
