Why Go Solar In Utah? Know About Federal And State Tax Credits And Rebates In Utah

The warm and sunny of Utah makes it a naturally ideal place to install home solar systems. Hence, the benefits of installing Solar in Utah are amazing. From great tax credits for new customers to rebates paid on the electricity bills by federal and state governments – there are several reasons that can drive you to install solar panels at your home.

Investing in solar ensures you get a return immediately. Once you invest in solar panels, you will start seeing the return by reducing your monthly electricity bills. Moreover, you won’t have to worry about the rising price of fuels. With the depletion of fossil fuels, they become more expensive. In this scenario, turning to solar as a renewable energy resource will be a wise decision that will benefit you for many years to come.

Apart from these benefits, the state and a federal tax credit for Solar Utah would give you strong reasons for going with a solar company in Utah for a long-term investment. 

Utah State and Federal Tax Credit

The wonderful scheme of the Solar Investment Tax Credit by the federal government facilitates the residents to enjoy 30% of their home’s solar system getting paid by the government.

Moreover, the state government of Utah provides incentives that will pay around 15% of the solar energy system.

State Rebate

Apart from the state and federal tax credit, the state provides a rebate for the people who choose to install Solar Utah with less than 500 square feet of solar. They are eligible to get a 30% rebate on the solar system along with all the installation costs.

When you sell your house with solar panels to a buyer, you can also get an incentive in Utah. After 24 months of the sale, you can access your unused credits that you can use for paying for any new solar system installed for your home.

The lucrative rebate on solar allows you to invest in residential solar energy that can lower your monthly energy bills. 

By installing solar, you can improve your home valuation at the time of sale. After all, with solar, you don’t need to pay for the unused energy, which makes your house more valuable to potential buyers. 

Final Thought about Going Solar

The great advantages of tax credits and rebates available for the residents of Utah make solar a reality for their homes. If you consider solar a great investment for your home, Second Sun Solar can help you with the installation process of Solar in Utah along with guidance on state and federal tax credits and rebates.