California Solar Rebate
If you live in the Golden State, you probably already know that the plentiful sunshine available every season of the year makes a great climate for solar power. With one of the sunniest climates in the world, it's no surprise that California is the number 1 solar state in the country. The Golden State is setting the gold standard for clean energy policy, with an ambitious goal to run 100% carbon-free energy by 2045. This means that there are countless California solar power rebates and incentives for homeowners like you.
Federal Solar Tax Credit
The federal solar investment tax credit (ITC) is undoubtedly the biggest solar incentive available for Californians. Using this, homeowners can deduct 30% of solar installation cost from federal taxes. In 2017, this credit saved the average Californians $5,000 on their solar panels.
Single-Family Affordable Solar Homes (SASH) Program
This solar program is aimed at helping low-income homeowners switch to solar energy. Eligible customers of Pacific Gas and Electric (PG&E), San Diego Gas and Electric (SDG&E), and Southern California Edison (SCE) will receive rebates as high as $10,000 through fixed, up front incentives that help offset the cost of your system.
Net Metering
California utility companies use net metering to buy unused solar power and credit homeowners for the energy that is supplied back to the grid. This program allows you to sell any extra, unused electricity produced by your solar energy system back to the utility company. In exchange, you are given credit on your next bill at the retail rate. For example, you could use the surplus energy generated in the summer months to help pay your bills during winter.
Property Assessed Clean Energy (PACE)
PACE financing allows homeowners to finance their PV installation and pay it back through their property taxes. It allows homeowners to install solar systems without initial money down.
Additional Incentives
Depending on your location in California, you may get some additional local solar rebates from your municipality, utility service, or city. Check with local utilities to see what is available in your area.
How to save even more?
The best way to compare your solar options and save money at the same time is by comparing quotes from different local pros. When you compare quotes for solar panels, you can expect to see prices up to 20% lower than working with a single solar company. Register at Home Bros to get the pros to compete to give you the best quotes. You can just sit back and relax.
