Yes virginia does have a property tax exemption for solar power systems.
Free solar panels for your home virginia.
Owner chad wilkins is a virginia class a licensed alternative energy systems contractor.
Check your savings costs tax breaks incentives and rebates.
Does virginia offer net metering.
Meet with an astrum solar consultant for an in home consultation february 23 march 31 2015 to receive your nest thermostat.
But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years.
So let s have a play with the numbers to see what sort of return you ll get.
His passion has grown into thousands of solar panels installed across the state of virginia.
An in home consultation is contingent on your home being a good candidate for solar.
But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.
The tax code is not entirely devoid of love for solar power.
But it s important to know the difference.
Exempting the value that the solar power system adds to your home from being counted in property tax calculations.
Without a doubt the federal solar tax credit also referred to as the investment tax credit is one of the best incentives available for property owners in virginia.
You can actually get solar panels installed on your home at absolutely no charge to you.
Federal government solar power incentives.
Yes in virginia there is the option for net metering.
Internal rate of return.
No extensions will be granted.
Again as in all 50.
However you can get solar at home in virginia these days for no money down and monthly payments that are lower than your electric bill.
No like most places in the us virginia does not offer any type of feed in tariff.
If you would like to know if your home is eligible for solar or if you qualify for a ppa lease or purchase with financing go here or request a free no obligation solar evaluation by filling out the.
But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no charge to you for as long as 25 years.
These offers entice people with a no cost way to go solar.
Virginia passed legislation way back in 1977 authorizing municipalities to exempt residential solar power systems from taxation i e.
Your nest thermostat will be mailed 30 days after your consultation.
The bottom line is there might be a free solar panel scam lurking out there but it isn t coming from any reputable solar company like ours.
Yes there are legitimate installers that will put free solar panels for your home.
With the itc you can deduct 26 percent of the cost of your solar equipment from your taxes that means major savings on your solar installation.
And 5kw of solar panels certainly isn t the biggest system most virginian roofs can take.
Though that kind of solar is actually paid through some form of financing it can feel like it s free.