Want to lower your energy bills and use cleaner sources of energy? Renewable energy systems have dropped in price and grown in popularity in recent years.
Some benefits of renewable energy:
- Produces clean energy for a healthier environment
- Lowers bills for decades
- May qualify for a 26% federal tax credit and other incentives
- Increases your property value
- Taps an abundant source of energy
- Provides greater energy independence
- Avoids use of fossil fuels
- Provides energy throughout the year
RENEWABLE ENERGY FOR A CLEANER WORLD
Renewable energy – including solar, wind, biomass, and geothermal – produce energy with little or no carbon emissions. These clean sources of energy have considerable health benefits as they promote air quality and environmental health.
THE FALLING PRICE OF SOLAR ENERGY
Reliable renewable energy systems are growing in popularity across Northern Illinois. The cost of a residential solar electric system has fallen considerably, making now a great time to install photovoltaic panels on your home. In fact, the price of solar electric systems has fallen each year since 1998, according to the National Renewable Energy Laboratory.
TAX CREDIT CAN SAVE 26%
There is a federal tax credit available for 26% of the qualified expenses of renewable energy systems on homes and businesses in the U.S. These expenses include labor, site preparation, and system equipment and components.
A tax credit is different than a tax write-off and has greater value to the taxpayer. A tax credit is a dollar-for-dollar reduction in federal income taxes owed. Unfortunately, this tax credit is set to expire at end of 2020. Act now!
WHAT DO I UPGRADE FIRST?
What's the first upgrade you should make – home efficiency or renewable energy? Many of our customers choose to gain efficiency first, then move into solar and other renewables.
This is a wise approach. We recommend starting with energy efficiency before installing a renewable energy system. You'll get the greatest benefit and cost savings.
Want to generate your own clean power? Contact Greenlink Energy Solutions today for a renewable energy system.