It’s important to note that the level of rebates and incentives can vary depending on factors such as the size of the solar system, location, and other eligibility criteria. Homeowners and businesses interested in installing solar panels should check with their relevant state or territory government and consult with solar installers to understand the specific rebates available to them.

July 3, 2024by Luke0

Additionally, it’s worth mentioning that there are federal tax incentives available for Solar installations as well. The federal Investment Tax Credit (ITC) allows homeowners and businesses to deduct a percentage of the cost of installing a Solar energy system from their federal taxes. The ITC currently offers a 26% tax credit for systems installed in 2021 and 2022, with the credit decreasing to 22% in 2023.

It’s always a good idea to do thorough research and speak with multiple Solar installers to compare quotes and incentives available to ensure you are getting the best deal possible. Going Solar not only helps reduce your carbon footprint and energy bills but can also provide financial benefits through rebates, incentives, and tax credits.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *