OVERVIEW
Converting to solar energy can be a challenge, but at LG Solar we want to make the transition to renewable energy as easy as possible. Adding solar to your business is a worthwhile investment that also has a positive impact on the environment. While adding solar is a great way to save on your utility bills and establish a fixed energy rate, it will make you become more energy-dependent.
We make solar simple. We’re here to help every step of the way so you can feel confident in switching to solar. Worry-free and affordable, that’s our guarantee.
LG Solar & Energy Solutions
STEP 1 —
SITE EVALUATION
One of our project managers will contact you to schedule a thorough site evaluation. During this visit, our technicians will collect detailed information, including roof measurements and a shading study, to give to our design team.
STEP 2 —
DESIGN & ENGINEERING
Our PV Designer will create a solar system package with curb appeal, your energy needs and your home specifications in mind. We’ll work closely with you to make sure the design exceeds your expectations, delivering maximum performance and lifespan.
STEP 3 —
PERMITTING
We handle the paperwork for you. Once the design is finalized, our permit technician will put together a detailed permit package and submit it to the city for approval. The timeline for obtaining a permit varies by jurisdiction.
STEP 4 —
INSTALLATION
Our project manager will contact you to schedule the installation as soon as the permit is obtained. The solar panel installation will be performed by our highly trained, safety-certified crews, and the onsite project foreman will be there to answer any questions you may have.
STEP 5 —
INSPECTION & PTO
We’ll schedule an appointment with the city inspector to oversee the installation and ensure everything is to code. Then once the city inspector signs off, we will submit the final package to your utility provider for a PTO (Permission to Operate), so we can turn on your LG solar system and you can start saving money.
TAX INCENTIVES & EXEMPTIONS FOR SOLAR POWER USERS
TAX INCENTIVES
The U.S. federal solar tax credit, also referred to as the investment tax credit (ITC), was established by the Energy Policy Act of 2005. The ITC allows owners of solar energy systems to deduct 30 percent of the cost of installing the system from their federal taxes. The ITC applies to both residential and commercial systems.
TAX EXEMPTIONS
According to SEIA, solar tax exemptions come in two forms: property tax exemptions and sales tax exemptions.
Property tax exemptions: A solar energy system often adds value to the residential of commercial property where the system is installed. States that have solar property tax exemptions allow homeowners or business to exclude that added value from the valuation of their property for tax purposes. Currently, the majority of U.S. states offer property tax exemptions for renewable energy. Because property taxes are collected by local municipalities and taxing authorities, some states have granted those authorities the option of allowing the property tax incentive for solar systems. Sales tax exemptions occur when a homeowner or business can purchase a solar power system without paying sales tax on the purchase. This incentive reduces the up-front cost of installing solar power. Currently, 29 U.S. states offer sales tax exemptions for solar energy.
An excellent resource for learning about solar-related policies and incentives in any U.S. state is updated regularly by the NC Clean Energy.