Tax Credits and Incentives
For homeowners in North Carolina and South Carolina, an investment in solar PV is a savvy way of reducing their annual tax burden. Unlike standard deductions, solar PV is eligible for federal and state tax credits that are applied directly to the amount you owe rather than just reducing the income subject to taxes. To capture a tax credit for this fiscal year, a solar system must be installed by December 31.
Using rooftop solar to produce your own energy means buying less from the utility company, which means more money in your pocket. Depending on available roof space, energy usage and size of the home, most homeowners see savings of 40-75% on their power bills.
Traditional power sources (coal, gas, nuclear) are prone to the rising fuel costs that you as a homeowner have to bear year after year. Not so with solar. Because sunlight has no fuel cost, you can essentially lock in today’s rate of power for the rated life of a solar system–25 years.
Solar PV systems are a tangible way of showing your commitment to a sustainable future and reducing your environmental footprint. The ripple effect is profound: fewer emissions, cleaner air and water, generating your own power and more. As many of our customers say, “It’s just the right thing to do.”
Home energy monitoring and management
With or without a solar PV system, Southern Energy also offers homeowners the opportunity to control their lights, appliances, thermostats and other energy devices through a smart Home Energy Management system. Combining the latest advances in the Internet of Things revolution, homeowners can now lower their home energy usage and still maintain personal comfort at home.