A common misconception is that solar energy, especially in Utah county, is not a good financial investment. With the Utah state solar tax credit of up to $2,000 and the federal tax credit of 30% of the installed system cost, along with the lowest prices ever for solar panels, typical returns are in the 8-10 year range for residential solar installations. Compared to other investments (i.e. mutual funds, stocks, bonds, etc.), a solar investment is a very secure one- it is not affected by the real estate industry, utility rates are only going to increase, solar panels are covered by home owners insurance after installed, and all products that we install come with a 25 year warranty. This brings peace of mind that your money is working for you and will bring a solid return on investment, with very minimal risk. Learn more in today’s blog post.
Solar power is now easier and more affordable than ever to install on your home or business. Here’s a quick overview of how solar works: