California Solar Panel Rebates 2017

Adding residential solar panels to your home is always a smart money saving investment.

California solar panel rebates 2017.

If you buy your system in cash or with a solar loan that means you also get the tax credits rebates and srecs for the system however if you lease your system the third party owner will receive all of the solar incentives. The golden age of california solar rebates the time when homeowners could walk away with 2 50 watt from their utility just for installing solar on their roof is long gone. All of the financial benefits listed below go to the owner of the solar panel system. These rebates can pay solar shoppers anywhere from 500 total to 0 95 per watt of installed capacity.

Solar rebates can often total up over 50 of the cost of the system. Read this guide to california solar rebates and incentives to see how you can save. 4 rebate amounts. Customers of pg e sce socalgas and sdg e utilities are eligible for this rebate which can be as high as 400 per kilowatt hour.

There is no california solar tax credit. As of early 2017 10 utilities in california still offer solar rebates. When it comes to dollars saved for every dollar spent california is the best place in the country to go solar. Check out our top list of incentives to go solar in california.

How does it work. Homeowners have access to rebate programs in many areas of the golden state. The state s self generation incentive program sgip offers rebates to california households for a solar battery and has been extended to 2025. What are the main california solar tax credits and rebates.

The state has just the right mix of factors that make solar work for the average home. The solar investment tax credit is a 30 percent tax credit for homeowners. Lots of sun high electricity prices great support from state government and plenty of options for solar panel financing. The rebate amount varies depending on the customer class installing the system and the system s size.

You ll pay for the solar panel system in full but then you can deduct 30 percent of what you paid for it when you file your federal income tax return. When people refer to the california solar tax credit they are mistakingly referring to the federal solar tax credit which applies to all american homes including those in california. The federal solar tax credit is 26 of the cost of a system in 2021 but falls to 22 in 2021. Pasadena water power pwp offers its electric customers a rebate for photovoltaic pv installations with a goal of helping to fund the installation of 14 megawatts mw of solar power by 2017.

Federal solar rebates available in california. There s no better place to purchase a solar battery than california and no better time than now. Learn more about california solar rebates from our fresno solar company.