World4Solar has announced its new Solar Business Knowledge Base, which allows companies, builders, developers, and individuals interested in going solar to learn the ins and outs of solar power for free. The newly launched Knowledge Base outlines the benefits, costs, and federal/state incentives available in each state in the U.S. When joined, these incentives can reduce the price of a solar power system up to 50% and more. In addition to the well-known Federal Investment Tax Credit (ITC), there are many more, not so well-known and state-specific incentives that can lead to lower upfront costs for investments in energy autonomy.
The W4S Knowledge Base explains every component involved in choosing and installing a solar power system, and helps individuals and businesses determine the best solution for them. Solar energy incentives and rebates have been researched and listed by the state, so that users can easily access the current incentives available in their market.
An example of the World4Solar HelioWing 5 solar system outlines the MSRP price, less the multiple incentives and rebates offered in New York today. The net costs of the system’s equipment is reduced by more than 50%.
A second example illustrates the various solar energy incentives offered in California. The larger HelioWing 7 system with a higher MSRP than the New York model nets a similar final price factor due to California’s higher incentives.
These examples illustrate how much potential savings these incentives are to reduce upfront costs.
To access the World4Solar Knowledge Base, visit https://world4solar.com/knowledge- base/.
