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Interested in going solar in Virginia? You're in luck! Virginia solar incentives make solar energy more accessible and affordable for homeowners and businesses alike. Here's what you need to know:
Residential Property Tax Exemption: Installing solar panels increases your home's value, but Virginia offers a tax exemption to prevent this from impacting property taxes.
Solar Renewable Energy Credits (SRECs): Earn credits for the solar energy your panels produce, which can be sold for additional income.
Federal Solar Tax Credit: Claim a tax credit of 30% of the total solar panel installation cost.
VirginiaSAVES Green Community Program: Purchase SRECs from small-scale solar operators, contributing to clean energy targets.
Commercial Property Assessed Clean Energy (C-PACE) Financing: Invest in renewable energy installations with low-interest rates through property tax assessments.
With these incentives, Virginia is paving the way for a brighter, greener future powered by solar energy.
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