I‘m thrilled to hear you‘re considering solar panels! As a Nebraska resident myself, I know the struggles of finding good solar incentives in our state. But with a bit of savvy planning, you can absolutely save money going solar.
Nebraska‘s Solar Landscape
First, let‘s level-set on where Nebraska stands on renewable energy. Just last year, our largest utility – the Nebraska Public Power District (NPPD) – announced a bold commitment to provide 100% carbon-free electricity by 2050. They are busy finalizing plans to massively expand wind and solar in the coming years.
Additionally, a 2021 report found Nebraska ranks #9 in solar energy potential! We have abundant sunshine and flat land prime for solar farms.
However, we still face challenges for rooftop solar on homes:
- High upfront equipment costs ($16,980 for average 6 kW system)
- Low electricity prices (only 10.62¢ per kWh!) meaning longer payback period
- Lack of state-level incentives beyond net metering
But don‘t let that deter you! With federal tax credits and smart solar choices, you can absolutely save money going solar in Nebraska.
Snag This Sweet 30% Federal Credit
The golden solar incentive you need to know about is the federal solar tax credit.
When you install a solar energy system, you can claim a credit for 30% of the total cost – equipment, labor, permitting fees, sales tax, even interest on a solar loan.
Based on average solar panel costs in Nebraska, that could shave $5,000+ off your final bill!
This 30% credit lasts until the end of 2032 when it starts stepping down annually. Just note you must own your solar panel system to qualify, not lease it.
I always tell Nebraska homeowners – grab that juicy 30% federal credit while you still can!
Community Solar – Your Savings Solution?
Now, if your roof is shaded or you rent your home, community solar allows you to go solar by sharing a larger installation across multiple households.
While you lose the federal tax credit this way, community solar provides other neat benefits:
- Sales tax and property tax exemptions
- Fixed monthly payments typically 5-15% less than your current utility bill
- Access even if you rent, live under trees, or have roof issues
Olsson Solar Group has a great community array near Lincoln called Honu Farm that‘s delivering major savings! I spoke to a subscriber named James who said:
"By going solar with Honu Farm, I‘m saving $10-$15 per month on my electricity bill which adds up over time. That‘s money I can put toward my kid‘s college fund or splurge on a nice dinner out."
Community solar is a fantastic option in Nebraska I strongly encourage you to check out!
Future Savings – Join Me In Advocating!
While upfront solar incentives remain slim in Nebraska for now, change is coming! Having more residents go vocal about supporting solar will help usher in new rebates, tax exemptions, and programs to lower costs.
I‘m busy working with NPPD and state senators now on proposals like:
- State solar tax credit – 30% refund on system costs
- Sales tax exemption – no more sales tax on solar equipment
- Expanded net metering – fair payback for excess solar power
Care to join me in advocating? With passionate solar supporters like you, we can transform Nebraska into a renewable energy leader!
Let‘s connect to discuss solar incentives, projects, and ways to maximize savings in our state. Together, we‘ll shed light on solar energy in Nebraska!
Your Fellow Solar Supporter,
[Your name]
