Current Solar Incentives (2019)

 

Residential

  • Start with $0 down.

  • Low monthly payments.

  • Utah state tax credit of $1,600.

  • Federal solar tax credit of 30% of the total cost of the system.

Utah financing
 

Commercial

  • Utah state tax credit of 10%

  • Federal solar tax credit of 30% of the total cost of the system.

  • The Modified Accelerated Cost Recovery System (MACRS) allows you to write off up to 30% of the cost of your system through equipment depreciation. This money comes back to you over a five-year period.

 
utah commercial incentives
 

Harness The Power Of Solar Financing

As power rates continue to fluctuate, investing in solar and locking in the cost of your power just makes sense. That’s why we offer no upfront costs and low monthly payments — because we understand that going solar is a big investment that should be available to everyone. We specialize in creating personalized solutions to save our customers’ money.

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Auric partners with unique solar financiers to provide options that make solar energy affordable for every homeowner. Here are some common examples of how people make the seamless transition to sustainable energy:

  • Pay $0 today / low monthly payment

    • Payments start after you have received your tax credits on your tax return, while enjoying a lower power bill today. No pre-payment penalties, no hidden fees, just a payment that eventually goes away for good. Rates and terms are flexible to fit any budget.

    • This program is popular for those that do not want to pay anything out of pocket ever.

  • Pay $0 today / Pay NET after tax credits

    • Collect your tax credits on your tax return and pay off your entire system then, while enjoying a lower power bill today.

    • This program is popular for those who don’t want to pay full ticket price - it makes sense to let incentives pay down the total. You simply pay for the net cost (after solar tax credits) 1 year from purchase.

  • Pay for your system up front

    • Pay for your system in full and enjoy using solar power today, then collect your tax credits on your next tax return. No financing necessary; a clean slate for your clean energy future.

    • This program is popular for those that want to pay cash and move forward.

At Auric Solar we make it easy so you don’t have to worry. Our experts organize and deliver tax credit paperwork, submit for local permits, apply for rebates when applicable, and apply for net metering installation with the utility company. In other words, we take care of everything.