U.S. Federal, State and Megawatt Block Incentives Can Equal More than half the cost of the system – and more.
World4Solar announces its new Solar Business Knowledge Base, which allows companies, builders, developers and individuals interested in going solar alike to learn the ins and outs of solar power, solar electricity for free. The newly launched Knowledge Base outlines the benefits, costs, and federal / state incentives available in each state in the US. When joined, these incentives can reduce the price of a solar power system up to fifty percent and more.
As a company, World4Solar stands not only for market-leading solar products, but also for an approach to democratizing clean energy and making it available to all. Therefore, it is a given to show options to reduce upfront costs for a PV system. In addition to the well-known Federal Investment Tax Credit (ITC), there are many more, not so well-known and state-specific incentives that can lead to lower upfront costs for investments in energy autonomy.
The W4S Knowledge Base* thoroughly explains every component involved in choosing and installing a solar power system, and helps individuals and businesses determine the best solution for them. Solar energy incentives and rebates have been researched and listed by the state, so that users can easily access the current incentives available in their market.
An example of the World4Solar HelioWing 5 solar system outlines the MSRP price, less the multiple incentives and rebates offered in New York today. The net costs of the system’s equipment is reduced by more than fifty percent.
A second example illustrates the various solar energy incentives offered in California. The larger HelioWing 7, World4Solar system with a higher MSRP than the New York model, nevertheless nets a similar final price factor due to California’s higher incentives. These examples clearly illustrate how much potential savings these incentives are to reduce upfront costs.
“As one of the first to offer turnkey, affordable solar power systems, it is essential for us to inform and educate those who want to be energy independent with solar,” says Marc Hofer, CEO & Co-Founder of World4Solar. “There is no easy way to gather all this information today, so we are investing in creating and maintaining the Knowledge Base available to all.
World4Solar’s easy-to-install solar systems enable multipurpose use in urban areas such as parking lots and driveways and convert them into autonomous power plants without sacrificing their original use. Store electricity with an integrated battery or use it directly to charge EV’s. HelioWing™ systems produce enough solar energy to power an average US house or office, offer EV charging, and can operate as a standalone solution or be connected to the local power grid to earn credits for energy generation. World4Solar is changing the way people power their homes and businesses to become self-sufficient in clean energy.
To access the World4Solar Knowledge Base, please (click here). https://world4solar.com/knowledge-base/
