CONTRIBUTED CONTENT — Amid rising energy prices, putting in solar panels and storage batteries has turn out to be a extra engaging funding for Southern Utah owners and enterprise house owners than ever earlier than. Congress not too long ago handed the Inflation Reduction Act, which features a tax credit score designed to offset the bills related to solar energy.
HedgeHog crew putting in solar panels on the roof of a home in St. George, Utah, date not specified | Photo courtesy of HedgeHog Electric & Solar, St. George News
Investing in solar energy is without doubt one of the most essential choices a property proprietor will make. Serving Southern Utah since 2008, HedgeHog Electric & Solar has the information and talent to assist prospects discover the proper options for his or her home or enterprise.
“When it comes to a solar energy system, you want electrical experts to be the ones installing it,” gross sales supervisor Kirk Navar stated. “Being a local installer, we’re aware of what goes into each city’s requirements as far as codes and permits, and we can get things done a lot quicker.”
The new Residential Clean Energy Credit permits owners and enterprise house owners to subtract 30% of the prices related to putting in solar energy from their federal taxes. There’s no greenback restrict on the tax credit score, no matter how a lot they spend. Any solar energy system put in from Jan. 1, 2022 by means of Dec. 31, 2032 is eligible.
Eligible bills embody solar panels, storage batteries, all mandatory gear for the operation of the system (wiring, inverters, mounting gear, and so forth.), allowing charges, inspection prices, developer charges and labor prices.
The U.S. Department of Energy estimates that 7.5 million extra households throughout America will be capable of set up solar energy as a result of tax credit score. The Inflation Reduction Act additionally provides tax credit for the acquisition of electrical automobiles and shopper rebates for warmth pumps and different energy-efficient home home equipment.
HedgeHog solar set up on the roof of a home in Washington City, Utah, date not specified | Photo courtesy of HedgeHog Electric & Solar, St. George News
The worth of a property will increase with each funding into energy financial savings, and extra financial savings occur the longer a solar energy system is put in and working. If a home or enterprise has sufficient roof area, HedgeHog can set up a system that can offset about 90% of each electrical energy invoice. Instead of a month-to-month expense that you just’re obligated to pay for so long as you personal the property, photovoltaic panels produce “free” power each time the solar is shining.
“You have an electricity generator that belongs to you right on top of your roof,” Navar stated. “It’s like having a gas pump in your garage.”
With greater than 300 vibrant, clear days in any given 12 months, Southern Utah is a perfect location for harnessing the power of the solar. Along with tax credit, investing within the long-term financial savings of solar energy helps property house owners decrease their electrical payments, cut back their dependence on the power grid and shrink their environmental footprint. A solar energy system with storage batteries retains the lights on within the occasion of a power outage.
“With the amount of growth we have in St. George, the demand for electricity is increasing greatly,” Navar stated. “It’s smart for homeowners to start helping the community by generating their own electricity in the form of solar energy.”
HedgeHog works with metropolis and native authorities officers to acquire the required permits to put in and use solar energy. Installing a solar energy system for residential prospects usually takes between 30 and 45 days, permitting owners to start out having fun with the advantages of renewable energy sooner.
The way forward for solar energy is vibrant along with your native companions at HedgeHog. Learn extra at HedgeHogElectric.com, or name 866-605-2113 to schedule a session.
Written by ALEXA MORGAN for St. George News.
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