Photovoltaic solar or PV solar is one of the fastest growing ways to power homes and businesses around the world. You’ve likely seen the black panels atop roofs and positioned on ground mounts throughout Napa County. These PV panels convert the sun’s rays into electricity using materials contained in the solar cells. The sun’s power is inexhaustible and abundant, so why not harvest renewable sunshine to power your life?
How Do Photovoltaic Panels Work?
PV solar panels convert the sun’s rays into electricity through a process called the photoelectric effect. PV solar panels are made from semiconductor materials like silicon. When ultraviolet light from the sun strikes the semiconductor, electrons break away and move in one direction. This flow of electrons is the source of direct current (DC) electricity that powers your home or business.
Converting Direct Current to Alternating Current
Another essential part of a PV solar array is an inverter, which converts the DC electricity generated by the solar PV panels into alternating current (AC) power that is usable inside your home. Inverters can be single units to convert the entire power load (PV Array) or individually located at each solar module (microinverters) to convert energy on your rooftop.
How Many Solar Panels Do I Need?
The calculations for your solar array are based on your current energy usage, the area available on your roof, the direction and pitch of your roof for solar exposure, and the efficiency of the panel itself. The PV solar installers at JR Construction - Sol Solutions can calculate all these factors to develop a right-sized PV solar installation solution that meets your needs and your budget. Fortunately, Sol Solutions installs high powered solar panels from the top manufacturers including:
With these high-powered PV solar panels, you can maximize your roof area to produce the electricity to meet your needs.
Secure Your Home Energy With Solar from Sol Solutions
When combined with solar storage batteries, PV solar offers both businesses and homeowners in Napa the security of the sun’s power against unexpected outages or rolling blackouts by providing back up power or enabling an off-grid power set-up. Whether you’re grid connected to PG&E or off grid, JR Construction - Sol Solutions can design and install the PV solar array to meet your needs no matter what size!
Prepare for the optimum Hybrid Energy back-up system from Sol Solutions
When you combine a PV Solar Array, a battery backup option, and a backup portable generator with Power Transfer Switch you can create the ultimate hybrid energy backup system that operates seamlessly in the background providing you with constant electrical power in any daily or emergency situation. The portable generator can be fueled either from Propane gas or natural gas. JR Construction - Sol Solutions welcomes your invitation to help you configure a bulletproof energy solution to your needs.
Take Advantage of PV Solar Tax Credits and Incentives
Your net cost for PV solar installation can be reduced with federal tax credits through the end of 2021. In addition, financing options offered through various programs PACE (Property Assessed Clean Energy) financing options including:
Depending upon your business or household equity in your property value, you may qualify for attractive financing options through these programs. The solar experts at JR Construction - Sol Solution can direct you to the best option.
The Federal Solar Tax Credit
As you can see, there are plenty of PV solar tax credits, financing options, and other incentives available, and you should take advantage of them all. But some are more notable than others, including the federal Incentive Tax Credit (ITC). Also known as the federal solar tax credit, the ITC is one of the best tax incentives available to homeowners and businesses in the United States. The ITC allows homeowners and businesses to claim a percentage of the total cost of their solar panel installation as a credit toward their federal taxes, significantly reducing the amount owed.
When it was first enacted, the ITC allowed homeowners and businesses to claim 30% of their solar energy system’s cost. That number stepped down to 26% in 2020 and was expected to drop again to 22% in 2021, before being eliminated entirely for homeowners in 2022. Under this schedule, commercial solar installations would still be eligible for a 10% credit from 2022 onward.
But, as the light at the end of the tunnel that was 2020, the ITC has been extended! Now, homeowners and businesses have until the end of 2022 to claim their 26% credit. However, that number is still set to drop down to 22% in 2023 and will be eliminated for homeowners in 2024, while businesses will be eligible for a 10% federal solar tax credit indefinitely.
The ITC extension is great news for homeowners and businesses, but while it gives you some extra time, it’s still on a step-down schedule and will be phased out in just a few years. Because of this, it’s important to get your solar panel installation underway as soon as possible so that you can receive the highest level of savings from this lucrative incentive.
The expert team at JR Construction - Sol Solutions has all the information you need about the ITC and can answer any questions you may have. We can also help you qualify when you partner with us for solar panel installation.