How to Claim Your Solar Tax Credit: Everything You Need to Know About Solar Tax Incentives in Delaware
With tax season in full swing, all of us are diligently reviewing their financial landscapes, searching for opportunities to maximize savings and minimize liabilities. In this bustling atmosphere, the topic of solar tax credits and incentives emerges as a beacon of relevance and opportunity. As taxpayers navigate through the intricate maze of deductions and credits, […]
Why Your Neighbors are Making the Switch
The global momentum to shift away from fossil fuels is undeniable and growing stronger daily. Beyond the essential environmental advantages, an increasing number of people are embracing renewable energy for the substantial savings it offers on energy bills. In 2012, only 0.3% of homes had solar installations; fast forward to 2022, and that number has […]
Community Solar Installers in DC
The accessibility of clean energy is crucial to helping reduce our collective carbon footprint. With a practice called community solar, multiple individuals, businesses, and organizations can come together to share a solar panel system and take advantage of clean and renewable solar energy. As the top solar installers in DC, Lumina Solar is here to show […]
How to Lease Baltimore Solar Panels
Converting your home or business to solar energy is a move that brings with it a variety of benefits. From energy independence to a reduced carbon footprint, solar energy is an advantageous implementation for all sorts of instances. The only thing that holds people back from gaining these benefits for themselves is the assumed cost […]
What Is the Maryland Residential Clean Energy Program?
Converting your home to solar energy brings the obvious benefits of a reduced carbon footprint and lower, or even eliminated monthly energy bills. That consideration alone has convinced millions of American homeowners to make the smart switch to solar. However, there is still a desire from the government to push more people to increase their […]
How Much Money Do Solar Panels in Harrisburg PA Save You?
As a homeowner, energy costs can become a going concern for your monthly budget. Your price can be determined by location, the amount of energy consumed that month, and seasonal or new price hikes by the utility company. Thankfully, there is a way to not only gain your independence from the utility company but also […]
Maryland SRECs: How the Solar Incentive Works
Maryland SRECs: How the Solar Incentive Works It is no secret that making the switch to solar energy comes with an abundance of financial savings. With the lower energy bill and solar incentives, Maryland SRECs are another valuable opportunity to maximize your solar savings. SRECs or solar renewable energy credits are a way for companies […]
Maryland SRECs: Pricing and Solar Alternative Compliance Payments
Converting your home or business to solar energy comes with a variety of benefits, from monthly energy savings to reducing your carbon footprint. But, did you know that you can also earn income from the extra electricity that your solar panel system produces? With Maryland SRECs, you can currently make $77 per extra megawatt hour […]
Federal Solar Tax Credit Extended Through 2032
On August 16th, 2022 President Joe Biden signed the Inflation Reduction Act into law. Included in this act is the expansion of the Federal Tax Credit for Solar Photovoltaics or Investment Tax Credit. Americans can use this tax credit to claim a percentage of the cost of their solar system on their federal income taxes. […]
What is the Cost of Solar Panels in Virginia?
One of the biggest draws to converting a home or business to solar energy is the money saved on a monthly energy bill. There is no doubt that harnessing your own clean and renewable solar energy will significantly reduce your energy expenditure, but how much does a solar panel array actually cost to buy and […]