Option One Solar (855-502-6363) has released a report announcing that the federal solar investment tax credit (ITC) has been extended throughout 2022.
The new report from the Apple Valley-based solar panel company provides detailed information on how residents throughout Southern California can take advantage of potential savings through the solar tax credit extension.
More information can be found at: https://optiononesolar.com/solar-tax-credit-extended-2021
The recently released report is intended to provide helpful information and resources to business owners and homeowners who have already installed, or are considering installing, solar energy panels. It also provides advice for those who do not own solar panels but have signed a lease contract.
Option One Solar advocates the many benefits of switching from electric to solar power. Because solar installations generate free power, users can save money on their utility bills. Solar energy also adds value to the user’s property, whereas electric power does not. Additionally, solar homes sell faster and at prices up to 15% higher than non-solar homes.
In the report, Option One Solar explains that the new law extends the 26% rate for new solar projects starting in the tax year 2022. This means that both residential and commercial new solar installations stand to benefit from a 26% credit for two additional years. This incentive is set to drop to 22% in 2023. Option One Solar thus suggests that now is the ideal time to take advantage of the ITC.
The company specializes in the installation of top-performing tier 1 solar panels. Their services consist of a 5-step professional process covering current energy use analysis, solar system design, a cost-benefit report, financing options, and in-house installation to ensure quality control.
Option One Solar has been in the electrical contracting business for over 50 years and has been voted the best solar installer 5 years in a row by the local community. Founder Jerry Thomas was an electrical supervisor for the Apollo space program. He then went on to a 30-year career as a city electrical inspector and a 17-year career with Edison Testing Laboratories.
A satisfied customer has said: “Their people are great to work with, and they accommodated all of my preferences. My 4KW ground-mounted system is working great.”
Interested parties can find out more at: https://optiononesolar.com/solar-tax-credit-extended-2021