The world has been turned upside down these past two years. With everything that you had piled onto your plate, it’s no surprise that a solar panel installation is the last thing on your mind. However, you should not put off a solar panel installation any longer. Government incentives coupled with record low prices for solar panels means your solar panel project will pay for itself very quickly. Southern View Energy has qualified technicians to give you an estimate on your solar panel installation. We still have room in the books to get your solar panel project completed in 2022.

Government Incentives for Homeowners

Through the end of 2022, congress has extended the Clean Energy Investment Tax Credit (ITC). The ITC provides a 26% federal income tax credit. For homeowners who cannot utilize the full tax credit in the first year, you can carry it over into the following years. In 2023, this tax credit drops to 22%, then it expires for homeowners in 2024. Business owners will still be eligible for a reduced tax credit in 2024 and should check with a Southern View Energy technician for more information.

Low Cost of Solar Panels

Even with the recent supply chain disruptions, solar panels are still significantly cheaper than a decade ago. The price to install a solar panel project has dropped by 60% over the past 10 years. Several factors have contributed to the drop in cost:

  • Lower Cost of Building Materials

The components used to build solar panels are much cheaper than they used to be. Southern View Energy has access to competitive pricing on various solar panels.

  • Increased Demand

With the increased demand for solar panels, companies are incentivized to build cheaper, more efficient products. Although the efficiency of solar panels is ever growing, the price is still decreasing.

  • Concern for the Environment

Harnessing the sun’s power is an easy way to cut your reliance on fossil fuels. Solar energy is great for the environment and lowers your household CO2 emissions. As the environmental concern rises, solar energy becomes more affordable for the average homeowner.

Do not wait another day to contact Southern View Energy for a free estimate on a solar panel installation. Contact our office at (678)-833-5191 to schedule your appointment before the government incentives get cut at the end of 2022.