Cosmo Solaris

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Pennsylvania

Locals in Pennsylvania

We are locals in your area. We have local offices in Pittsburgh, Philadelphia, Stroudsburg, Erie, and State College. We have 174 in-house employees who are going to take care of your solar panels Pennsylvania project. We will assign one project manager for your specific project. They will update you or the homeowner that where each and every process stands on a weekly basis.

We are providing a turnkey solution that includes all equipment hardware, 30-year warranties, Rebates, SREC/Buyback plan, financing, installation, design, supplies, permitting, administration, net Metering, Bidirectional Meter, interconnection with utility, final inspection from City, County, HOA, PTO, and Utility included. We will make an account for the trading of SREC that the homeowner is going to get within a specific period of time for residential solar Pennsylvania which is also called a production incentive.

If you are looking for solar panels in Pennsylvania, we will provide you with a turnkey solution. At Cosmo Solaris, we aim to give you a hassle-free solution for your solar energy system. If you have any questions regarding equipment, installation, process, rebates, or incentives, feel free to contact us and we will assist you in the best possible way.

Federal Tax Credit (FTC)

FTC is also known as the investment solar tax credit, that gives you a rebate of 30% on the cost of the installation of a solar energy system in the form of a tax credit.

The tax is available for anyone who installs or upgrades the solar energy system and can be claimed on your annual tax return. If you don’t have enough tax liability to utilize 30% of the tax credit, then the remaining credit will rollover to next year’s tax returns.

 

Those who choose to finance their solar energy system will get the FTC on the complete loan amount. But if homeowners go for a solar lease, they won’t be able to get this incentive.

 

Pennsylvania Net Metering

It is a billing policy that enables homeowners to save money on their electricity consumption. solar panels Pennsylvania  do not produce electricity in the evenings, and a lower amount is produced on cloudy days and in the winter. You can import electricity from the grid, when your solar energy system is producing less than your consumption. Electricity can be exported back to the grid, when it is producing more than your needs. In this case, the utility gives you power credit, which you can utilize later or even roll over to the next month.

Pennsylvania offers a one-on-one buyback policy for the excess amount of electricity that is produced by your solar energy system. It means that the excess amount of energy is exported at the same rate at which the homeowner will import electricity from the grid. However, the excess energy is credited in kWh instead of monetary credit. For every kWh you send to the grid, you can use 1 kWh from the grid free of charge and it can be utilized throughout the year.

 

Renewable Energy System Property Tax Exemption

Other than saving on your electricity bills, the solar energy system increases your home value, but you don’t have to pay the extra tax for the higher home value. This is because of the renewable energy system property tax exemption, so that the homeowners don’t have to pay extra taxes as a result of the increased value of their homes after installing solar energy systems.

 

Solar Renewable Energy Certificates (SREC)

This program grants you one SREC for each 1000 kWh your system will produce. These SRECs are then traded on SRECs trading websites. An account is created on the trading website, which is integrated with your bank account. The amount will be transferred directly to the linked bank account.

Learn how we’re also illuminating homes in Virginia with sustainable energy solutions.