Getting Paid To Go Solar
Solar photovoltaic (PV) systems are very expensive, but federal tax credits and state rebates and incentives can make this renewable technology a profitable investment. Homeowners who install solar PV systems are eligible to receive the Investment Tax Credit (ITC) that’s worth 30% of the system cost. The ITC is uncapped and is valid until 2016. In addition, there are state and local incentives for solar PV.
photo by Pink Dispatcher on Flickr
Here are some solar PV incentives in Massachusetts:
Finally, some important factors to consider when purchasing a solar PV system are the amount of solar radiation your roof receives and the size of your roof. In order for solar to be a worthwhile investment, your roof must receive a sufficient amount of sunlight and be large enough to install the number of solar panel required to satisfy your energy needs.
See Related Article: Eric's Solar Energy House