California Solar Rebates And Incentives.

 

 

 

California Solar Rebates Programs.

Being most populous state in the United States, California is home to 1 out of 8 Americans. California is a very progressive state with a larger economy and is #1 in terms of total solar power capacity. If you want to have a property in California then you are very lucky to get the latest rebate programs and incentives for solar energy. 

According to California state law, all the utility companies in the state must provide the rebates to homeowners who are interested in purchasing, installing, and using solar panels. You will get the rebate whether it is Bear Valley Electric Service or Pacific Gas and Electric Company or Southern California Edison or San Diego Gas and Electric company.

The state, federal and local governments want you to go solar, for this they are running many rebate programs, financial incentives in the form of tax credits, rebates, property tax discounts, net metering and more. They are making every effort to make your homes or work place energy efficient. 

The solar rebate program comes under the Emerging Renewables Program in California. Under this program, you will actually receive your money back as in the form of a check from the state or utility company if you go for solar power. 

There are many cases you can get good discounts if you have paid enormous property taxes, as a result allows you to make profits on the purchase of the systems.

To get the advantages of rebate programs you will have to fulfill few requirements-

·         You are required to be on grid with one of the utilities in your state.

·         You cannot build a solar power plant in your backyard.

·         You cannot produce over 200% of the power for residential use.

·         The solar panel system must obtain at least 5 years of warranty.

·         The solar panels are required to meet the basic national standards in terms of quality and energy production.

·         Your system must be installed with a performance meter to be audited in the future.

Along with solar panel rebates the additional useful advantage is that a solar system can easily be paid off in as few as 3 to 5 years. You are not only earning returns, but also it will increase the resale value of your home. You are also getting 30% federal solar tax credit. Thus, it will keep supplying you with the revenues for the coming years. To get the solar rebate you have to choose whether you want to get the rebate within 3 years or all at once.

This is very important to note that solar panel rebates are only relevant to the solar panel systems and the components. According to National Renewal energy Laboratories, the rebate prices can make up to 50% of the total cost of installing solar panel systems. Usually other 50% cost is really tough to decrease as it covers major labor cost or soft costs.

You really need to hurry to get better solar rebates because the programs are already very strong in California where $3.2 billion have been approved recently.