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Wyoming | Skyline Solar
If you live in Wyoming, you know this is one of the best states to live in. People who live here care about the natural environment, which is why it’s also one of the best places to add solar panels to your home.
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For Wyoming, environmental protection is one of the most important priorities of the state. It should come as no surprise then that the Cowboy State is among the country leaders in solar energy capacity to this day. While the residents of Wyoming have been able to benefit from solar energy for almost two decades now, Wyoming continues to incentivize people to go green with a strong net metering program and significant tax exemptions.
Aside from the power output and efficiency of the solar equipment you choose to install, the amount of energy you generate with solar panels in Wyoming is directly related to the amount of sunlight that hits your panels. Fortunately, Wyoming receives over 200 days of sun a year, allowing solar panel owners to maximize electricity production and savings.
There are additional factors that determine how much solar electricity you can produce: shading, panel orientation, and panel angle are all important in calculating your production estimate, a prediction of how much energy your solar installation will produce over time.
Solar technology is improving every year and has experienced significant growth in the last decade. Advancements in solar technology, increased demand, and a more crowded marketplace mean that the price of solar panel installation has fallen considerably; it's almost 50% cheaper to install a solar system today than it was 8 years ago. This means solar panels produce more solar power than ever before with fewer solar panels required.
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With improvement in solar technology also comes costs decreases. In fact, the cost of solar panels has fallen 43% over the last 5 years according to SEIA. Once the solar panels are installed there are no more running costs to worry about. Occasionally you'll want to get your solar panels cleaned to make sure they're getting as much sunlight as possible. Additionally, by generating your own free energy you will need to buy less from your energy supplier and save money. The more of your own energy you can produce the less you will have to worry about rising energy prices.
As previously mentioned, Wyoming is known for becoming more and more eco-friendly as time goes by. Even on cloudy days, your solar panels will generate electricity. Solar panels react to the visible light spectrum. This means, if it’s light enough to see, there’s enough light for solar panels to start generating electricity. Still, with the abundance of sunshine available, solar panels are especially effective at producing solar energy all across Wyoming. More sunshine means more savings.
Wyoming is becoming known for its great solar incentives and programs, which are considered some of the best in the country. The Cowboy State makes it pretty beneficial for you to have solar: not only will you get paid for any extra energy you generate thanks to Wyoming net metering, but you’ll also be rewarded for producing clean energy and won’t even have to pay any taxes on your new system.
Solar energy is not only sustainable, but it is also renewable and this means that we will never run out of it. It is about as natural a source of power as it is possible to generate. Not only are we able to refuel our vehicles with it we can heat our water and light our homes. The cleanest form of electricity is the best option for today and the future.
Thanks to some helpful WY tax breaks for solar in Wyoming, you won’t have to pay the government anything for your new solar panels. First, the Sales and Use Tax Exemption for Renewable Energy Equipment means that there won’t be any sales tax on the purchase of your system. Second, the Property Tax Exemption for Residential Renewable Energy Equipment keeps you from having to pay any additional taxes on the increased value of your house.
If you are renting your apartment, don’t own your property or your home doesn’t have a roof suitable for solar, you can still get benefits. WY is one of the earliest proponents of community solar, which allows interested residents to subscribe to an off-site solar array, effectively offering you the benefits of solar without installing panels on your roof.
When you put solar panels on your roof, you want to make sure you get credit for all of the power your system generates. Luckily, Wyoming has a net metering policy that credits you for the extra electricity your system produces and allows you to use those credits when your system doesn’t generate enough power.
Most importantly, don’t forget about federal solar incentives! With the Investment Tax Credit (ITC), you can reduce the cost of your PV solar energy system by 26 percent. Keep in mind that the ITC applies only to those who buy their PV system outright (either with a cash purchase or solar loan) and that you must have enough income for the tax credit to be meaningful.
Contact us today to get a free quote and advice from our team, so we can get your solar panel installation started.
Have you ever had a contractor delay your project by days or even months? Have you ever had one ask for more money after you signed a contract stating what it would cost? Going solar shouldn't be the same way. That's why we've boiled it down to a simple promise: On Time On Budget. We guarantee your solar project will be on and producing within 120 days. #OnTime We guarantee you will not incur any extra expenses after you sign up. #OnBudget Certain area restrictions may apply. Speak to your local Energy Specialist today to see how you can take advantage of Skyline Solar's On Time On Budget guarantee!