Even if West Virginia ranks 48th in the U.S. for solar conversion, it is not surprising that most property owners consider going solar worth the investment! The federal and state government's benefits and West Virginia solar incentives can save property owners money in the long run.
Another vital aspect to consider is that the expenses for solar energy systems have declined by 50% throughout the country during the last years, which makes a significant period to install solar panels in The Mountain State. And amazingly, West Virginia receives ample sunshine in a year, approximately 80%, which is perfectly suitable to ignite a solar energy system.
Continue below to discover how to take advantage of all the West Virginia solar incentives and benefits of going solar!
Favorably, West Virginia mandates all utility companies to provide net metering. Net metering incentives for solar energy are some of the most attractive in the country, with standardized interconnection requirements for solar panels and other renewable energy generators to connect to public utilities. Through net metering, customers can offset the cost of the power they obtain from the utility company with credits they earn from their system. If a solar energy system produces excess electricity, the surplus is sold back to the grid, which results in a credit on the energy bill of the system owner. States with strong net metering laws are an asset to property owners because they smooth the way to connect a solar system to the public grid.
West Virginia interconnection standards are clear and robust. Interconnection standards must be followed when connecting solar and other electricity-generating systems to the power grid, which integrates them with the grid. Such standards make installation easier and usually less expensive, making net metering more reliable.
Although Washington doesn’t have committed state rebates for the solar energy system, certain companies, such as LG, provide specific solar rebates.
Even though West Virginia doesn’t have so many solar incentives and rebates, the Mountain State has Solar Easements and Rights Laws that safeguard property owners to ensure accessibility to solar installation and guarantee sufficient sunlight coverage. Moreover, the solar easement and rights laws prohibit the developers, including a homeowners association (HOA), from denying or obstructing the property owner's solar energy system.
Of course, West Virginians also qualify for the excellent tax credit from the Federal government. Purchase a solar energy system outright or through a loan. You may be eligible for the Investment Tax Credit (ITC), which currently offers a 26% deduction of the system cost from your Federal income tax. This credit is not available for those who lease their solar system. If you lease a system, all incentives go to the third-party owner. That's a great reason to buy rather than lease.
Investing in sustainable energy to control your power generation can save you money over a long period of time. You can also give back to the environment by lessening carbon emissions. To ensure the best available options, we highly advise you to discuss your concerns with a reputable solar company for the solar incentives and benefits you can seize!
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