Ground Mount Solar Array Installed by Stateline Solar- Stockton, IL
The perfect home improvement doesn’t have to include a bathroom remodel or a new porch. Investing in solar energy can be the perfect solution for your home improvement desires!
Solar photovoltaic (pv) energy systems for the average homeowner is no longer an expensive, far-fetched idea. Due to state and federal incentives, going solar is now much more affordable. As of 2020, homeowners can receive a 26% tax credit called the Federal Investment Tax Credit (ITC) for all costs of going solar. This tax credit is just one of several solar incentives designed to help homeowners switch to solar energy.
Several studies have shown that adding a solar energy system to your residence increases your home value as much as 3-4%. As the demand for solar and green energy grows in the United States, home buyers are finding it hard to look past solar systems that are pre-installed on a property.
A home value only increases, however, if the solar pv system is owned. Leased systems or solar power purchasing agreements do not affect a home’s value. While a leasing program or PPA might sound enticing, the homeowner would not see the direct benefits of solar incentives offered by both the federal and state government. Property owners with solar pv systems not only recover the initial cost of their solar investment when they sell, but also see an increase on their return on investment.
Worrying about property tax increases after solar? Illinois state law prohibits property taxes from being increased due to going solar. This law ensures that solar system owners can gain as many benefits of going green without a “catch.” Investing in solar energy is the perfect way to invest in the value of your home, while protecting the environment.
Knowing where to start on your solar journey can be a hassle. The solar experts at Stateline Solar can help! Give us a call at 815-580-3011 or submit your power bill below for a free solar quote!