Did you know that Solar panels can pay you? How? To start, you will get 30 percent of total system costs back from equipment and installation as a federal income tax credit when you file your taxes. This means you would save $7,500 on a solar system worth $25,000.
In addition, annual energy costs can be in the thousands. In fact, the average annual energy expenditure per person is $3,000, including transportation and residential energy. Solar power can reduce or eliminate these costs as soon as they are installed. They also offer long-term savings, because it’s basically free to capture the power of the sun.