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Louisiana Solar Rebates
Residents of this southern state are in luck. Louisiana solar rebates are the best in America. Because of the generous Louisiana solar rebates and solar incentives, thousands of residents are converting to clean solar energy. Isn’t it time you joined them and stopped wasting money on skyrocketing electric costs? Louisiana solar rebates are so plentiful that you can save almost 80 percent off the cost of a solar panel system.
Louisiana solar rebates can drastically cut solar installation costs. Louisiana offers a 50% tax credit on the first $25,000 on home solar installation. If you don’t owe that much in taxes, the state will cut you a check. When combined with the 30% federal tax credit, these Louisiana solar panel rebates equal a savings of 80%!
Louisiana also offers PACE financing. Property owners are able to borrow money from their city or county to pay for most or all the initial solar installation costs. These low interest solar loans are paid back through a property tax assessment over a fixed period of years. Each municipality decides its own solar loan terms. There is also the Home Energy Loan Program (HELP) that allows homeowners to borrow from the LA Department of Natural Resources up to 50% of solar installation costs. The solar loans are paid back over a five-year term with a low interest rate. The maximum loan amount is $6,000.
Home solar panels are exempt from 100% of property tax assessments increased by the addition of solar PV systems. Another Louisiana solar incentive is net metering. Any extra power home solar panels generate is credited to the customer’s next bill. There is no limit and the credits continue indefinitely. Home solar panel systems up to 25kW are eligible as well as commercial systems up to 100kW. Net metering enables your electric meter to actually run backward.
Louisiana solar rebates make going solar affordable for everyone. Contact Solar Panels Online for a free home solar evaluation today. Solar experts at Solar Panels Online will work with you to obtain all available Louisiana solar rebates and solar incentives to ensure you maximize on your solar installation savings.
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SOLAR PANELS
