Solar energy has been getting more popular for quite some time now, and rightfully so! More people are realizing how important it is to take care of our planet, and what better way to do so than by installing a solar energy system, which produces renewable energy, while saving you money? It has always been beneficial to switch to solar energy, but this year, 2022, is an especially good time to invest in a solar energy system!
The Bipartisan Infrastructure Bill
On November 15, 2021, President Biden signed a $1.2 trillion bipartisan infrastructure bill into law. And what does this law have to do with solar power? Well, some of it focuses on shifting America towards renewable energy! This bill includes a significant investment in large-scale infrastructure, such as large-scale projects to incorporate more solar power into areas where it is not currently available, as well as to create more renewable energy sources for the country as a whole.
Prices for Traditional Energy Are Increasing
It’s no secret that energy companies increase their prices every year, and recently, prices for traditional sources of energy have increased to their highest levels in decades! Natural gas prices are also the highest they have been since 2014, and are projected to continue to increase. But if you switch to solar, you won’t have to worry about rising energy prices. Solar energy will meet all of your needs, for a lot less.
The Solar Tax Credit Is Decreasing
In case you didn’t know, there is currently a solar tax credit available to help you save money on installing a solar energy system. In 2020, Congress passed an extension of the solar tax credit, also known as the solar investment tax credit, which offers a 26% tax credit for systems installed this year. But this will not last long, because the solar tax credit is set to decrease to 22% in 2023, and will completely go away for residential solar energy systems by 2024.
Now is a great time to look into a solar energy system, because not only will you be able to take advantage of the full solar tax credit, but you will also start saving money on your energy bills immediately. Access to solar energy is expanding in the United States, and there is no better time to get in on this growth! Taking advantage of all of the incentives available now will mean you’ll get a return on your investment as quickly as possible, which will eventually lead to decades of free solar energy.
It can take a lot of work to find the right solar company and the right solar power system for you, but our highly trained agents can make things easy for you. We work with the top-rated companies in the country and can compare all solar plans in your area to find the best one available. To get free instant quotes, simply enter your zip code in the bar on our homepage, or to speak to a licensed agent, call 888-290-3112.
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