Homeowners and businesses who purchase solar panel installations have long been able to claim generous tax credits thanks to the significant benefits of green energy. Of course, those who install solar panels also enjoy lower electricity costs thanks to the use of the renewable power of the sun. Now, the United States aims to make solar more affordable than ever.
New Savings Goals
In March, the White House announced an ambitious goal to reduce solar energy expenses by 60 percent in the next 10 years. This comes in conjunction with a wide-ranging goal to help the country’s power grid transition to solar and other sources of clean energy.
How Will This Happen?
As part of the initiative, the Department of Energy is investing in research to improve currently available solar technology and extend the lifespan of solar equipment. Solar panels have become much more efficient in recent years, producing more power with smaller panels. This new initiative aims to further continue this trend.
Start Saving With Solar Today
With an increased push for using renewable energy sources, now is a great time to make the transition for your own home or business. Solar panel installations are more affordable than you might expect, and you can start saving with solar energy right away. Contact us today to learn more.