The Federal & State Government Might Pay for Most of it!
Did you know that if you go solar right now, the federal and state governments are paying for most of it? Learn about some of the different incentives being offered — and get the benefits of solar energy with Walker Power today!
Waiting for the right time to go solar? Take this as your sign! When you go solar with Walker Power, you can find an energy solution that is both good for the environment and will help reduce (or eliminate) your monthly energy bill! But why should you go solar now? Right now, the state and federal government are offering different incentives for switching over to solar power, including a federal tax credit and TREC.
See what incentives you might qualify for by just going solar with Walker Power!
To help encourage homeowners to make the switch to solar power, the government is offering a one-time federal tax credit: Solar Investment Tax Credit (SITC). On top of that, the COVID-19 federal relief package changed this SITC, increasing it from 22% to 26%. This credit is based on the cost of the solar system you have installed and can potentially save you tens of thousands of dollars.
If you purchased or financed solar panels, then you qualify for this tax credit. Our team will help you navigate the solar tax paperwork and start the process in New Jersey or South Carolina.
If you live in New Jersey, the state offers something called a TREC payment. This offers you payments from the electric utilities after you produce a certain amount of energy. For every 1000kW of energy you produce, you are eligible to receive a $92.50 payment, guaranteed for 15 years. This means that if you live in New Jersey and you switch to solar energy, you can get monthly payments to help reduce the cost of your solar system.
On top of the federal and state government incentives, we also offer our panel protection program to ensure the durability of your new solar panels. Because when you solar with Walker Power you solar with family, we want to help you guarantee the life of your solar panels. We’ll help you protect your panels with critter guards and keep your solar panels protected against critters.
Ready to get the benefits of solar energy for your home? Contact Walker Power and we’ll help you see what federal and state incentives you’re eligible for! Contact Walker Power to get started today!