HOME SOLAR ENERGY OWNERSHIP
Palmetto Solar encourages homeowners to choose the solar option that is right for you. There are several factors to consider. We can easily guide you through the simple process and ensure that you fully understand your options.
SOLAR OWNERSHIP TAX BENEFITS
Based on your tax situation, you can reap the full benefits of the Federal and State Solar Tax Credits. Solar Tax Credits can greatly reduce the cost of your home solar panels. Currently, Federal Solar Tax Credits can reduce your cost of ownership as much as 30%. State Solar Tax Credits are determined by state. For example, for a limited time, South Carolina provides a 25% Solar State Credit in addition to the Federal Solar Tax Credit. Please contact us for more information for current solar tax credits in your state.
FUTURE SOLAR ENERGY PRICES
Electricity prices over the past decade have been extremely unpredictable, making it difficult for anyone to budget for home energy consumption. Owning your home solar panels allows you to no longer worry about rising utility prices. Solar cost for power remain constant — never increasing — locked in for years to come.
VALUE OF HOME SOLAR PANELS & HOME RESALE OPPORTUNITY
Solar Ownership is an extremely attractive incentive for homebuyers if you plan on reselling your home in the future. Studies show home solar panels significantly increase the value of your home — potentially allowing you to list your home for a higher price.
SOLAR PANEL TECHNOLOGY
Everyone knows it. Solar technology gets better over time. When you own your solar PV system, as technology changes, you can add or upgrade your solar panels at any time.