Virginia, recognized for its wealthy historical past and various landscapes, gives residents one of the best of each city and rural dwelling. When Virginia residents use inexperienced vitality by putting in photo voltaic panels on their roofs, they assist the state proceed towards its purpose of preserving its pure magnificence and turning into a cleaner state.
Together with collaborating within the inexperienced motion, going photo voltaic gives Virginia owners many alternative photo voltaic incentives. We’re right here that can assist you discover the incentives out there when you’ve adopted clear, renewable vitality, so you’ll be able to maximize the advantages and get essentially the most out of your photo voltaic panel system.
Virginia gives three major state-wide incentives for going photo voltaic:
- A Residential Property Tax Exemption
- Web Metering Applications and Insurance policies
- Photo voltaic Renewable Vitality Certificates (SRECs)
The Virginia Clear Financial system Act, handed in April 2020, requires that investor-owned utility firms in Virginia use 100% clear electrical energy sources by 2050, guaranteeing web metering and SREC insurance policies will proceed. All of those choices will also be mixed with the 30% federal photo voltaic tax credit score.
Let’s discover every of those photo voltaic incentive applications.
