Nixa-based Smithco Mechanical Heating & Cooling encourages homeowners to consider installing solar power panels as the federal government extends its solar tax credit.
All Missouri residences are eligible for a Residential Renewable Energy Tax Credit of up to 30 percent. While the tax credit was due to expire at the end of 2016, Congress extended it for property owners who install a photovoltaic or PV solar system.
Taxpayers may claim a tax credit for up to 30 percent of the cost of a new solar system for systems installed before Dec. 31, 2019. Under current legislation, the tax credit will decrease to 26 percent in 2020 and 22 percent in 2021 before expiring on Jan. 1, 2022. Other state and local incentives may also be available.
A PV solar system turns sunlight into electrical current. Such technology, once used just to power watches and street lights, can now be used to help power homes. Installing solar power panels help save the environment by reducing reliance on non-renewable energy sources like burning fossil fuels. According to the Missouri Department of Economic Development’s Division of Energy, another potential benefit is lowered energy costs.
Property owners considering installing a solar power system must factor in whether enough access to solar power is available. Missouri residents typically enjoy more than 200 sunny days per year. That is more solar resources thanGermany, the top nation in the world when it comes to solar energy production.
“The technological advancements brought about by photovoltaics solar systems will help a lot in minimizing our effects to the environment, will decrease our dependency on oil, and will pave the way for a cleaner, greener environment for future generations,” said Matthew Smith, owner of Smithco Mechanical. “Having solar power in one’s home or business should be a priority of everyone who wants to help save the environment.”
Smithco Mechanical now sells, installs and services solar panels. Smithco’s technicians can help property owners establish a solar-powered home or business.
Smithco Mechanical Heating and Cooling is a full heating, ventilation and air conditioning company that offers residential and commercial sales, service and installation. Smithco strives to provide each customer with complete comfort control. Twenty-four hour emergency service is available to customers.