Solar Installation Overview

Solar installation involves setting up solar panels and related equipment to harness solar energy for solar electricity. This process includes assessing the site, designing the system, obtaining permits, and installing the solar panels, inverters, and other necessary components.

Types of Incentives

Government Subsidies: Many governments offer subsidies or grants to reduce the initial cost of solar installations.

Tax Credits: Tax credits are a common incentive, allowing homeowners or businesses to deduct a portion of the solar installation cost from their taxes.

Net Metering: This allows solar system owners to sell excess electricity back to the grid, effectively reducing their electricity bills.

Renewable Energy Certificates (RECs): Solar system owners can generate RECs for the energy they produce, which they can then sell.