Feb 21, 2015 by

– A little-known government program called the Federal Residential Renewable Energy Tax Credit, sale coupled with massive evolution of solar technology, sale have combined to make 2015 likely the best time there has ever been to consider solar for your home. This prgoram allows Americans to install solar on their homes at shockingly lower costs, view and reduce their utility bill payments by an average of $1,560 a year.But here’s the catch – like most government programs, this is likely temporary. Currently the program is set to expire on December 31, 2016. But the good news is, once you’ve installed solar, you’re in the green. If the thought of a lower or even eliminated payment on your energy bills sounds appealing, the time to act is right now.

It’s like a true middle-class stimulus package

This is unknown to many, but the Federal Residential Renewable Energy Tax Credit is for the middle class. If you own your home and your electric bill is over $100 a month on average (think high summer A/C electric bills and use of appliances in the winter), you most likely qualify. Basically, the Government wants you to have the benefits of solar power, which puts more money in your pocket, creates jobs in America and reduces pollution. However, there are several options to take advantage of the incredible incentives – which utilities hate. Here’s why:

  1. You can NOW get solar with no upfront cost with home solar loans
  2. $0 down lease and PPA programs apply the incentives to give you low rates
  3. Cash purchase for immediate payback with zero interest and 70-90% lower bills

You think utilities like the above? Rest assured, they do not. They’d rather keep you paying for energy at their higher rates each and every year, rather than allowing you to lock in 2015 rates, reduce power consumption from their plants, AND sell energy back to the grid.

Energy Consumption and Cost per Person

Source: ProjectAmerica.org

Here’s the kicker. The government has required utilities to pay homeowners additional incentives to install solar in many states – yes, more cash back from your utility! But, utilities are starting to fight back. They don’t want to pay homeowners to install solar which will cut into their profits. That’s why the pressure is on time-wise. The Middle Class seems to miss out on everything (did you ride the last stock bubble? Probably not). Thus, it’s almost a no-brainer to jump on this now. You need to act fast in order to put solar on your house at these current low rates before incentives expire or dry up.

Solar Has Never Been Cheaper

In fact it’s about 99% cheaper than when the technology was born. You wouldn’t have bought a computer when it was first invented, or in its first few iterations, because you would have had to mortgage your house to do so, and its processing power would have been eclipsed by today’s most basic smart phone.

Plummeting Cost of Solar Modules

Source: Treehugger.com

Similarly, solar was expensive and inefficient when in its nascent form, a mere glimmer of its shining potential. In 2015, that potential is being realized. The cost of solar panels has plummeted, and is now well beyond the point where the average homeowner with reasonably favorable sunlight conditions – a solar specialist will advise you of this for free – can easily slash their monthly energy bills and in some cases even sell excess power back to the grid for additional savings.

But how do you find these incentives?

There are a few free websites out there that will get homeowners connected with reputable solar companies in their area, who will provide quotes for solar with the incentives included, and allow them to choose the best one.

SolarAmerica, one of the country’s largest and most respected solar educational websites, is one of the few companies with all top solar companies on its network, and is currently assisting homeowners like you to obtain further information regarding superb go solar programs and incentives. You can greatly benefit:

  • The average monthly savings for most eligible Americans is $150. Can you use an extra $150 a month?
  • Many homeowners not only save every month, but depending on their current utility rate plans, they can save even more when rates increase.

This is why it’s a no-brainer – you will likely lower your energy bills, protect yourself from rising rates, AND can also get cash. This is how powerful that little word called “incentive” is.

This often overlooked method to lower your energy bills (and get paid back some of your hard earned wages) is a great way for you to increase the value of your home, all the while saving more money with clean power production.

It takes about five minutes, and the service is 100% free. You have nothing to lose except your energy bill.

But you do have to act before solar incentives expire.

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