Solar Systems for Residential or Business
The cost of installing Solar PV systems decreased significantly over the past few years. The price of solar panels alone (the single largest expense) has dropped more than 70% since 2010. At our current installation costs, and assuming only modest projections for utility rate increases. Because these returns are in the form of savings (freeing money that would otherwise go to the utility company), they are tax-free.
A 2011 research project by the U.S. Dept. of Energy showed that houses with solar PV systems sold for substantially more than comparable houses without solar. Some solar PV systems are exempt from property taxes, that increased value does not result in higher appraised value – another way that homeowners benefit from solar in certain areas.