Financials Archives - Eagle Point Solar

Is solar power less expensive than traditional electricity from my utility company?

Solar power usually costs less than traditional power that is sold by the utility company. The increasing cost of traditional power, direct to consumers and indirect to our planet that is driving consumers to search for alternative clean and renewable energy. The amount of money a consumer will save on a monthly basis will depend […]


What solar incentives are available?

Solar incentives change regularly depending on which state you reside in. The most significant incentive is the federal investment tax credit (ITC) (https://www.energy.gov/savings/residential-renewable-energy-tax-credit), which allows you to deduct a percentage of the cost of your solar energy system from your taxes. Some states offer additional tax credits, and certain municipalities and utilities also offer cash […]


How much does a solar energy system cost?

The cost of your solar investment will vary greatly depending on the size of your system, your location and available incentives. In the past several years, solar prices have decreased as much as 70%, making solar a financially sound investment. Economies of scale also can decrease the cost of larger systems when compared to smaller […]