Solar panels change sunlight into electricity
Electricity is converted to standardized power
Electricity is used by the home
Extra electricity is sent to power company
Large Tax Incentives
Home owners are eligible for tax credits when buying solar. The credits are based off of the cost of the solar panels. Utah offers a 25% tax credit caped at $2,000. The federal Government offers a 30% tax credit with no cap.
Increased Home Value
Installing solar can increase the value of you home. Expect an appraisal for your system around $3,000 per kW installed. If you are interested in moving in the future Ikonik can transport your system to your new home or the added value of the system will help your home sell faster and appraise for a higher value!
Fixed Cost of Electricity
The cost of electricity in Utah has increased by 92% from 1999-2014. That means your monthly power bill nearly doubles every 15 years. With solar, one can lock in there monthly electricity cost and save thousands of dollars.
Most solar systems do not come with the ability to run when the power is out. You can always upgrade your system with a battery or generator. Talk to one of our consultants about planning for off grid capabilities in the future.