123SolarPower is North America’s leading network of solar power providers and energy efficiency experts. With hundreds localized providers throughout the United States and Canada, we specialize in helping homeowners and businesses choose the most efficient renewable solar solutions. Our experts can assist you with comprehensive renewable energy evaluations, solar panel sales and solar panel installation Nebraska. 123SolarPower is devoted to helping you save on your utility bill. So when you look for solar panels for sale Nebraska, look for 123SolarPower.
Although it is not among the top 25 solar power states per capita, Nebraska is taking steps to make solar power competitive with grid electricity though. Between 2010 and 2013, the total amount of installed photovoltaics in Nebraska tripled. The state’s two largest solar installations are at Creighton University and the Norfolk Operations Center. Recent estimates show that proper use of rooftop solar panel Nebraska could generate 21% of the state’s current power demand.
At the start of 2013, Nebraska introduced a new program to provide solar power credits. The program provides a credit of $0.0005 per kWh produced. The credits are available until the end of 2022, and there is a lifetime cap on the credits of $50,000. These credits add up rapidly over time, paying for the residential solar panels Nebraska in just a few years in combination with utility savings solar power provides.
Currently, Nebraska doesn’t provide a property tax or sales tax exemption for solar power systems. However, the state does have a favorable net metering program. Net metering makes it possible to sell excess electricity generated by a solar power system back to utility companies for the same amount you’re charged for grid electricity usage.
In 2005, the US Senate approved an $18.6 billion energy bill package. The tax credits introduced in 2005 were significantly expanded in both 2008 and 2009. The purpose of these bills and credits is to increase the adoption of renewable energy usage throughout Nebraska and the rest of the United States.
Currently, Nebraska residents can receive a 30% tax credit for the cost of installing a solar panel system. While there is no cap on solar credits, this program is currently only valid until the end of 2016. You can also claim a partial credit if you install solar panels on a rental or vacation home. The one restriction is you must live in your second home for at least part of the year.
You can claim the solar tax credit by filling out Form 5695 and including it with your federal tax return. If the credit you receive exceeds what you owe in taxes, the surplus will automatically be applied to your next tax return.
Thanks to the financial incentives that Nebraska has created, as well as the federal government’s very attractive tax credit, now is the ideal time to think about a solar power system. Making the switch to solar will save you money and help the environment. Whether you need solar panels Omaha, Lincoln, Bellevue, or any other city, 123SolarPower is ready to get your solar project started.
123SolarPower is your partner in Nebraska for solar energy solutions. We make it fast and simple to work with the industry’s best local providers of solar equipment. Adding a solar panel system to your home or business will benefit you for years to come. We want to help you, so before you buy solar panels Nebraska, ask us for a free estimate of installation costs and additional information about available savings. It’s fast and easy, just fill out the above form so we can figure out what you are looking for. You can also speak directly with a 123SolarPower expert by calling 800-294-2397.
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When making any modifications to the home, questions always arise. In order to discern whether adding solar panels is a good idea for a given home, having answers to the most frequently asked questions can help. These answers can not only help a homeowner decide whether or not to install solar panels on their home, but they may also help to alleviate some fears and/or concerns that homeowners have about solar power.
Will solar panels benefit my home if I do not have constant access to the sun?
It is a myth that only sunny places like California and Hawaii can benefit from the installation of solar panels. While solar panels do generate more power in areas that have more access to the sun, there are solar panels that are capable of capitalizing on diffused solar rays. These are the kind of solar rays that fall on overcast days.
What incentives are available to me?
There are many incentives in place to help convince homeowners to install solar panels. For example there are tax credits at both the state and federal levels. While the tax credit value varies by state, to the credit ranges to upwards of 25% on installation up to $1,000. Furthermore, most solar power devices are sales tax exempt. The federal tax credit is 30% on installation with no limit. For more information about tax incentives in your state, call 800-294-2397 to speak with a solar consultant.
What is the difference between on the grid and off the grid?
On the grid refers to one still being attached to the electric grid and essentially creates a solar/electric hybrid system. Off the grid refers to relying solely on solar power as the home is completely disconnected from any electric grid.
While solar panels may be expensive to install, the long-term savings (both personally and as a member of society) really outweigh the upfront costs. Moreover, the tax breaks available (through 2016) can also help to recoup some of the costs.
Adding solar panels to your home can benefit you in many ways—including tax credits and a decrease in your electric bill. For more information, please complete the online form or call 800-294-2397.