People in America love rebates. Rebates on computers, software, cars, or anything else are snapped up by us. Rebates are a good thing to hear if you're thinking about going solar.
Solar Rebates
Most people know that a rebate is when a company gives you money back for buying their product. Rebates are usually in the form of money if you send in a coupon, but they can also be upgrades or extras.
There are so many rebate programmes in the solar technology industry that it is hard to see the big picture. Rebates may come from the company that makes the product, the federal government, your state government, and even your country and town or city. In many places, the utility company may also cut your bill if you switch to solar power. Solar has more rebates than any other source or product line. Why? Because it is one of the cleanest and least expensive ways to get energy in our country. The people in charge want to make it more popular for financial and environmental reasons, as well as to help our overworked national electric grid system.
Most of the money in the solar industry goes to buy-down rebates. A buy down is when a government agency pays for a portion of the solar platform you buy. The exact amount of the buy down will depend on things like how the platform is used and how much electricity it makes. Trust me, your local solar company will be able to tell you all about the rebate because it's a good way to sell their products.
When looking into solar rebates, it's important not to stop at the first programme you find. If a state has one rebate programme, it usually has at least seven more. You can often get three or four of them, which can cut your initial costs by as much as half.
