Utah

SOLAR ENERGY

Why Go Solar in Utah

Solar just makes sense in Utah, but you have to act quick! The quicker you switch, the more you can save with the Renewable Energy Systems Tax Credit. The credit is being reduced by $200 per year, until it completely disappears in 2024.

Solar Incentives in Utah

Utah’s Renewable Energy Systems Tax Credit is a nonrefundable tax credit of 25% of the solar system’s cost, up to a maximum of $1,200. However, this credit is being phased out, with the maximum amount of credit to be reduced by $200 a year until it is phased out entirely in 2024. Many of Utah’s utility providers provide some form of “net metering,” which allows solar homeowners to be paid for excess energy they provide to the grid. Those net metering rates are usually less than the actual cost to produce that power, so you’ll get the most out of your system if you aim to use all of the power you generate and export nothing to the grid.Utah homeowners are also eligible for the Solar Investment Tax Credit (ITC).**** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.
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Benefits of Solar in Utah

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Lower your energy bills

The potential for energy savings is huge, especially for larger Utah homes. The goal is to design your system to offset* your electricity consumption, even for those hot summers and snowy winters. With solar, your home will run on sunshine during the day. At night, you can avoid using energy from the grid if you have batteries that store any excess energy produced.

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Prepare for outages

Scheduled maintenance or unforeseen weather can cause outages for Utah homeowners. You can be prepared for such situations with a solar system and batteries. In the event of an outage, you can keep your air conditioner or heater running with any excess energy you have stored in your batteries. Batteries can help you keep the power on during outages. Talk to your dealer about what batteries are the right fit for your system and lifestyle.

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Preserve Utah’s outdoors

Utah is filled with beautiful national and state parks, mountains and lakes. Help preserve your environment for future generations by going solar. Solar systems help reduce greenhouse gas emissions, such as CO2. It can help save you money and reduces your home’s carbon footprint. You can feel good knowing you are saving money and the environment.

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Have predictable payments

Utah homeowners see both warm summers and snowy winters. This can lead to very high energy bills during certain months and certain hours in the day. Not to mention utilities change their rates almost annually. Solar can help you budget monthly energy costs and be less subject to varying rates. With batteries you can avoid high time of use (TOU) rates.

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Invest in your home

Many Utah homeowners go solar to keep up with the market. The average Utah home is worth approximately $401,053, that is a 13.3% annual increase. Be prepared in case you want to sell your home in the future. According to the National Renewable Energy Laboratory (NREL), purchasing a solar power system can increase your home’s resale value by an average of 17% and sell it 20% faster.

Ready to experience the magic of Solar?

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