With energy costs on the rise and more homeowners looking for ways to reduce their monthly spend, solar energy continues to gain momentum across the Greater Philadelphia area. Now, with the most recent change in federal legislation, there is even more urgency for anyone considering making the switch.
If you weren’t aware, the Inflation Reduction Act of 2022 increased the federal tax credit for residential solar systems to 30% — a significant financial incentive that has helped make solar more accessible. However, the One Big Beautiful Bill Act, signed into law on July 4th, now sets a firm deadline. To qualify for the full 30% credit, your solar system must be fully installed and operational by December 31, 2025.
That timeline may sound generous, but in reality, solar projects involve multiple steps, site evaluations, design, permitting, utility approvals and installation. Depending on your township and utility provider, the process can take several months from start to finish, making early planning essential.
In our area, where many homes are older and experience all four seasons, the condition of your roof also plays a key role in the success of a solar system. Since solar panels come with a warranty of 25 to 30 years, it’s important that your roof is sturdy before they go up. If your roof is aging or already due for replacement, it’s worth addressing ahead of the solar install to avoid future disruptions or warranty issues. This could potentially impact your overall project timeline, depending on what needs to be addressed.
Installing solar panels can reduce your electric bills and protect you from rising energy costs over time. A solar system adds value to your home and can make it more attractive to future buyers. It also allows you to generate clean, renewable energy right from your rooftop, reducing your environmental impact while increasing your energy independence.
With the federal incentive set to expire at the end of this year, time is of the essence. Once the credit expires at the end of 2025, homeowners who delay could miss out on thousands of dollars in incentives.
Don’t miss your chance to lock in long-term savings and energy security. Reach out to a trusted local provider who can assess your home’s solar potential, walk you through your options and help ensure you’re positioned to take full advantage of this limited-time Incentive.
Clean energy and long-term savings are within reach—just don’t wait too long to make the switch.
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