The decision to install residential solar panels is made knowing that there will be an initial investment, however, switching to solar energy will save you money over time. Lifetime Solar is dedicated to installing effortless, attractive, affordable, residential solar panels power systems. With zero-down options, locked-in monthly rates and no prepayment penalty, going solar is simple!
The cost of residential solar panels depends on the size of the system you need to offset your monthly electric bills. One question to ask yourself is: How much of your current electric bill do you want to offset with solar energy? Most residential investments in solar energy range from $15,000-$30,000 in order to eliminate 100% of electrical usage. It is wise to remember that most larger homes use electricity to heat and cool their homes, and will use more energy in this process, causing higher electric bills and a larger initial investment in to residential solar panels to offset those bills. The great news is that these homes see a greater savings overall!
At Lifetime Solar, our experts stay current with the latest tax credits, rebates and incentives to give you best-in-class residential solar panels at the best price in the industry. We are here to save you money! The U.S. Federal Government allows homeowners that install residential solar panels to claim a dollar-for-dollar credit off their income tax burden. The Investment Tax Credit (ITC) is based on the cost of your solar systems and equal to 30% of this amount for eligible properties.
Likewise, our solar experts can help identify additional tax credits, rebates and other incentives above and beyond the Investment Tax Credit, further reducing the cost of your home solar system and shortening your return on investment. If you are interested in install residential solar panels and are wanting to save money, please contact us today for your free estimate, or call us at (888) 477-8869 for any other questions you might have. We look forward to helping you save money through solar energy!