Benefits of Solar – Solar is Not Just Sunshine!

Reduce your Electric Bill

Installing residential solar panels could potentially reduce your electric bill by allowing you to source your own energy directly from the sun.
Solar panels aren’t just good for the environment. You can benefit from savings over the lifetime of the system starting on day one. A solar system will cost money upfront but will save you money in the long term. The average home can save between $10,000 and $30,000 over the lifetime of the system. The savings differ by state but for example, in California your 20-year savings can total over $40,000.

Own Your Own Power

Residential solar systems allow you to source your energy from the sun and convert it to usable power that you own, 24/7, 365 days a year. No longer will you rent power from the grid.

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Tax Credits

Going solar is well worth the long-term investment, especially when you take into account all the incentives you get in California:

  • Federal Solar Tax Credit:
    26% tax credit of the entire cost of your solar system through 2022
  • Property Tax Exemptions:
    Your solar energy system will be exempt from property tax assessments for years after installation.
  • Solar Sales Tax Exemptions:
    Some utility companies are offering solar rebates to help with the cost of switching to solar.
  • Solar Renewable Energy Cert.
    Solar Renewable Energy Certificates (SRECs) are designed to reward people for switching to clean, renewable
    energy. The certificates may vary, so be sure to ask Premo Solar about specific details.
  • Net Metering for Solar:
    With net metering, you can sell any excess electricity produced by your system back to your utility company
    to cut down on energy costs.

Product Warranty

A product warranty is there to assure you that the solar panels you buy will operate without issues.  With the right warranty your solar panels will be repaired or replaced without costing you a cent. Premo Solar warranty includes 25 years on the equipment and a 10-year contractor’s warranty.

Full System Ownership

Ownership of your solar system means you will enjoy all the long-term financial benefits as well as the abundant energy your system produces. Purchasing the solar system as opposed to leasing is your best option. Purchasing allows you to maximize the financial benefits of the system rather than just the environmental benefits. It assures you are eligible to reduce your federal and state tax liability through tax credits and will substantially increase the market value of your home.

Home Value Increase

Did you know that a solar system increases the value of your home?

  • On average, solar panels add $20 of value for every $1 you save on your electric bill.
  • Homes with a solar system sell 20% faster for 17% more.

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