Homeowners Benefits from Solar Energy Federal Tax Breaks
The rising cost of electricity from traditional sources and the declining cost of solar panels and systems over the last years is making solar installation a no-brainer for many homeowners in Ohio. Factor in the many government saving programs available in Ohio, and you’re looking at $1000s of dollars saved on solar energy, which translates into savings on your home’s electric bill month after month.
Homeowners in specific zip codes can benefit from these rebates and incentives to go solar, which can even offset the already low cost associated with switching to solar. This means, there are hundreds of residents in Ohio converting to solar energy on $0 out-of-pocket cost.
However, government tax credits are not meant to be in place forever. These tax breaks will expire in soon, which is why the time to switch to solar and start enjoying all these benefits is today. The more you wait on converting, the fewer chances you’ll have to qualify for tax breaks for going solar.