Free Solar Enegery Panels For Utah Residents

That s in addition to the 30 percent federal tax credit for solar not a bad deal for a system that can save you thousands each year on your energy costs.

Free solar enegery panels for utah residents.

A combination of high sun exposure the federal tax credit net metering and a state tax credit creates the potential for a terrific return on investment for homeowners who install solar panels in the beehive state. All utah residents who invest in solar panels are eligible for two personal tax credits. In 2017 coal produced 70 percent of utah s net electricity generation according to the u s. We ve installed thousands of solar panels across the state helping many home and business owners generate free energy to power their structures and bring major cost savings.

Lawmakers in salt lake city have also passed a sales tax exemption for utah solar panels. Intermountain wind solar is the name you can trust when it comes to solar power in salt lake city and the entire state of utah. Not surprisingly utah also boasts some of the lowest average residential electricity prices at around 0 11 per kwh low prices can prove challenging for solar companies hoping to. Cost breakdown of electricity in utah.

The first is a utah solar tax credit offered by the state which is 25 percent of the total cost of the system after installation up to 2 000. Renewable energy systems tax credit. Utah solar power overview. Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays.

You can claim 25 percent of your total equipment and installation costs up to 1 600. The state of utah is a great place to make the switch to solar. On top of that utahns are also able to take advantage of the 30 percent federal solar tax credit. Utah launches no upfront cost solar program for middle class homeowners utah is one of the best states in the country if you want to go solar but only if you re rich enough.

The state is also a large exporter of coal. This rules out residential solar panel systems. Sadly however to qualify for the exemption you have to purchase a system with a capacity of 2 mw or greater that s 2000 kw yikes.