Pennsylvania Is Getting Paid To Go Solar
Pennsylvania has two main programs for solar incentives; Solar renewable energy certificates (SRECs) and net metering. Net metering allows you to sell excess solar electricity back to the utility company at the same price as which you would buy it. This helps cover the cost of the energy you would use during non-sunlight times such as evening and nights. Currently, PECO Energy offers the top net metering program.
How the Pennsylvania Solar Incentive Works
Pennsylvania currently has a Renewable Portfolio Standard (RPS) goal of souring 18 percent of its energy needs from renewable resources by 2020. Purchasing SRECs from their customers helps get them closer to their 2020 renewable energy goal. Each megawatt your solar energy system generates that you don’t use can be converted into a credit and sole in the SREC market.
Pennsylvania, Go Solar with Sunvest
These incentives paired with the Federal Investment Tax Credit (ITC) of a 26% tax rebate, moving to renewable energy through solar is a good investment in Pennsylvania. Partner with a trusted solar developer to help you get all of the necessary pieces in order such as permits and grants. Be sure to research their portfolio, look for testimonials and check reviews. SunVest Solar is a developer that is not exclusive to any brand meaning we can customize a solar energy system to your needs based on your goals. Price point, aesthetics and durability are key points when choosing your solar equipment, and we help you every step of the way.