The EIR program, what’s solar got to do with it?
The Energy Infrastructure Reinvestment (EIR) program is a government-funded initiative designed to promote the development and deployment of renewable energy sources, such as solar, in order to reduce the nation’s reliance on fossil fuels and decrease carbon emissions. The program provides financial incentives for individuals and organizations to invest in renewable energy infrastructure, which in turn benefits both the environment and the economy.
Benefits The EIR Offers
For individuals who implement solar on their homes, the EIR program offers a range of benefits. One of the primary benefits is a reduction in energy costs. By generating their own electricity through solar panels, homeowners can decrease their dependence on the grid and reduce their monthly utility bills. In some cases, homeowners may even be able to sell excess electricity back to the grid, providing an additional source of income.
Increase Your Property Value
It’s all about putting more money in your pocket. Save more for your goals, your upcoming vacation, or anything else you want. When you have more money in your pocket you have more options, and a big part of that is saving money.
Another benefit of the EIR program for homeowners is increased property value. Homes with solar panels are often more attractive to buyers, as they offer the potential for significant energy savings over time. In fact, studies have shown that homes with solar panels can sell for up to 4% more than comparable homes without solar.
In addition to financial benefits, the EIR program also helps promote environmental sustainability. By reducing reliance on fossil fuels, solar energy helps decrease greenhouse gas emissions and mitigates climate change. The program also encourages the use of energy-efficient technologies, such as LED lighting and smart thermostats, which further reduce energy consumption and contribute to a more sustainable future.
Participate in The EIR Program
To participate in the EIR program, homeowners can apply for various financial incentives, such as tax credits and rebates, which can help offset the initial cost of installing solar panels. These incentives vary depending on the state and local government, but they generally aim to make solar energy more accessible and affordable for homeowners.
The Timing Is Perfect
The best time to install solar and benefit from the EIR Program is now. Solar is more affordable than ever and is 33% less expensive than gas power. One of the key ways that the EIR program supports solar energy is by funding research and development in the field. The program supports research and development efforts to improve solar technology and make it more efficient, affordable, and widely available. This can help drive down the cost of solar energy, making it more accessible to homeowners and businesses.
Invest in Your Community
When you invest in solar, you are investing in your community. Solar is good for your local economy, not just the environment. The EIR program helps support job growth in the solar industry. As more homeowners and businesses adopt solar energy, there is a growing demand for skilled workers to install, maintain, and repair solar systems. The EIR program can provide funding for job training programs, helping to create a skilled workforce and promote job growth in the renewable energy sector.
Call Kosmos to Benefit From Solar and The EIR Program
Go solar and benefit from saving money, while also helping your community and environment. The Energy Infrastructure Reinvestment (EIR) program provides a range of benefits for homeowners who choose to implement solar energy on their homes. From financial savings to environmental sustainability, you can promote a more sustainable future for all. Call Kosmos today at (888) 522-4418 or contact us anytime.