Green Energy Solutions For Your Residence

TAX CREDIT

Green Energy has partnered up with the best solar companies to make sure we get the best deal for you and your family

What is a Solar Tax Credit?

The solar tax credit is a significant financial incentive for those looking to install solar energy systems and is an important part of the government’s efforts to promote renewable energy.

Solar panel systems that were installed in 2020 and 2021 are eligible for a 26% tax credit.

In August 2022, Congress passed an extension of the ITC, raising it to 30% for the installation of which was between 2022-2032.

It will decrease to 26% for systems installed in 2033 and to 22% for systems installed in 2034.

The tax credit expires starting in 2035 unless Congress renews it.

30% Tax Credit from Solar Purchase

after December 31, 2021,
and before January 1, 2033

Washington’s Clean Energy

Transformation Act of 2019 is said to be the “strongest clean electricity standard in the nation.” While they are technically the fourth state in the U.S. to enact such a policy, their’s is considered the most aggressive in terms of goals. Specifically, they strive to “transition to 100% clean electricity over the next 25 years.”

Net Metering

Net metering is an arrangement that allows homeowners to receive credit for excess electricity they generate and send back to the grid. With net metering, when a solar energy system generates more electricity than is needed, the extra power is returned to the utility company’s grid. The homeowner or business owner receives a credit on their electricity bill for the excess power they generate, which can be used to offset the cost of electricity they use from the grid when their solar panels are not generating enough power.

See if you Qualify for Green Energy

Your decision can very well help save this planet from ourselves. It will allow us to turn back time to a point where the planet was a lot cleaner and healthier.