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Tax Credit For Solar Water Heaters In Georgia

Should You Consider a Solar Water Heater?

Solar water heaters might be a great way for your home to save money on electricity.  Georgia is incredibly well known for having plenty of sunlight and some of the best landscape views around. Until recently however, people haven’t really taken advantage of this and the amount of light that is available. Now however, there has been a legislation passed that promotes the installation and even the use of renewable energy in various homes and businesses. If you care deeply about the environment or if you want to make sure that you are doing everything you can to make sure that your home is energy efficient then this is a major step forward and it is something that you should certainly embrace. In fact, there are now a lot of companies out there who use solar power and as time moves on, there are more and more incentives for you to start using solar powered products. This can include personal tax credits, rebate programs and even net metering as well.

What You Need to Know

So we know now that Georgia is leading the way in terms of renewable energy and now there has never been a better time for you to get started with making your home more energy efficient as well. So what do you need to know about solar powered water heaters? You should note that when you have solar power in your home, that you may be able to access 30% of federal income as a tax credit. This is great for solar equipment that has been put into service before the 1st of Jan, 2017. If you want to find out more about this then you can easily find out some information about the various incentives that are available and how they determine how much money you get back.

According to the latest information, you can claim 25% on income tax credit when it comes to your solar water heating device and this is great if you want to start saving money. On top of this, you will be saving money when it comes to your solar heating as well so there really are so many incentives available and you would be surprised at how easy it is for you to get up and running. If you want to find out more about this then all you need to do is contact the Georgia Environmental Finance Authority. They can tell you how this state incentive can apply to your own circumstances.

Solar Water Heaters Can Add Value to Your Home

Of course, when you have solar energy products installed, this can also increase the value of your home, and with the new incentives that are available, it really isn’t hard to see why this incentive has already made many homeowners turn green and if you get your solar heater installed before 2017, you really can make your money back if not a little bit more. A lot of people think that solar water heaters aren’t efficient when it comes to heating water but at the end of the day, when you have the right system installed, they are more than efficient and they can pay for themselves after a couple of years and you probably won’t notice a difference in the water in your home as well.

If you want to find out more about this new incentive then all you need to do is contact the Georgia financial authority today to see how they can help you. You can also contact your local solar provider to see what products they have available and to see if they have something that suits your needs and your requirements.

Photo Credit:
By SolarCoordinates – Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=14917757

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