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Residential solar is more affordable than ever, especially with the extension of the federal residential solar tax credit. Taxpayers can claim a 30% tax credit on the cost of solar systems on their income taxes. But be sure to install before January 1, 2033, when the tax credit is set to decrease to 26%.
In addition, a solar panel system typically lasts for up to 25 to 30 years, making it a durable option for you to save money on electricity bills for decades. With solar power, you don't have to worry about power outages during harsh weather conditions like heavy rain or storm because the solar cells can withstand extreme weather conditions.