Wisconsin Incentives

Throughout the northern Unites States and all of North America, 123SolarPower has established itself as the leading, go-to headquarters for all things solar: consultants, products, and system installation experts. The 123SolarPower team works around the clock to bring the best environmental and wallet-saving solutions to homeowners and businesses.

Wisconsin Solar Power

Starting in the middle ground (#23 of 50 states), Wisconsin is taking significant strides in solar energy implementation and policy changes to quickly establish itself as a leader in the field.

For example, with more than 150 solar companies operating within the state, a number of large solar installation projects have happened, producing enough clean energy to power more homes than ever before. In addition, in 2013, $10 million was invested to install solar energy systems on homes and businesses. Furthermore, installation prices have dropped by 42%, as compared to the national average of an 8% drop thanks to state implemented savings.

State Tax Incentives

Within Wisconsin, residents who increase their property value by installing solar power systems are exempt from paying taxes on that increased value. Buyers of newly installed solar panels Wisconsin are also exempt from paying any sales tax on their systems, instantly saving them up to 6% of what the total cost would be.

Wisconsin solar power also has a Focus on Energy program that launched in 2012 and works with local utility companies. Homeowners who fall in the districts of the participating companies can apply for a rebate worth up to $2,400 upon purchase and installation of a home solar system.

Federal Tax Incentives

On top of state-based incentives, homeowners in Wisconsin owning solar panels Milwaukee for example, have been eligible for a federal tax credit when they install a residential solar power system since the passing of the Energy Policy Act in 2005.

Under this act, residents have a wide variety of Wisconsin solar incentives. They can file for a credit of up to 30% of the cost of their installed system and its associated costs by filing IRS form 5695 along with their standard 1040. It gets better, if the 30% credit is larger than the amount due to the federal government; the remaining amount of credit rolls over to the next tax year. Read more about Wisconsin solar power incentives here.

123SolarPower is the go-to destination for Wisconsin solar power. Our network carries the most up-to-date, top-of-the-line products with industry experts to suggest the best solutions for your unique situation. We are dedicated to saving money and the environment simultaneously, and are ready to help you get started. To receive a free consultation and custom tailored quote for a solar panel installation, fill out our form and one of our network experts will get in touch with you shortly. If you’d like to speak with someone immediately, you can call us at 800-294-2397.

Frequently Asked Questions

When making any modifications to the home, questions always arise. In order to discern whether adding solar panels is a good idea for a given home, having answers to the most frequently asked questions can help. These answers can not only help a homeowner decide whether or not to install solar panels on their home, but they may also help to alleviate some fears and/or concerns that homeowners have about solar power.

Will solar panels benefit my home if I do not have constant access to the sun?

It is a myth that only sunny places like California and Hawaii can benefit from the installation of solar panels. While solar panels do generate more power in areas that have more access to the sun, there are solar panels that are capable of capitalizing on diffused solar rays. These are the kind of solar rays that fall on overcast days.

What incentives are available to me?

There are many incentives in place to help convince homeowners to install solar panels. For example there are tax credits at both the state and federal levels. While the tax credit value varies by state, to the credit ranges to upwards of 25% on installation up to $1,000. Furthermore, most solar power devices are sales tax exempt. The federal tax credit is 30% on installation with no limit. For more information about tax incentives in your state, call 800-294-2397 to speak with a solar consultant.

What is the difference between on the grid and off the grid?

On the grid refers to one still being attached to the electric grid and essentially creates a solar/electric hybrid system. Off the grid refers to relying solely on solar power as the home is completely disconnected from any electric grid.

While solar panels may be expensive to install, the long-term savings (both personally and as a member of society) really outweigh the upfront costs. Moreover, the tax breaks available (through 2016) can also help to recoup some of the costs.

Adding solar panels to your home can benefit you in many ways—including tax credits and a decrease in your electric bill. For more information, please complete the online form or call 800-294-2397.

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