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California is one of the best places in the United States to convert to solar energy. Due to the amount of sun exposure and hours of sunlight, it’s a great place for solar. Other benefits include cost savings, tax credit and going green for the environment. Whether you are keen to switch to solar for environmental, economic, personal or even political reasons, there are big benefits for going green.
By installing solar panels on your home, you are doing more than simply benefiting the environment. You will be benefiting your pocket book, too. A variety of rebates and incentives are available throughout California which make now an excellent time to start converting your power. Contact us today for your Free Estimate!
You can reduce your carbon footprint by about 100,000 pounds over the life of solar panels. This is a major environmental savings which means your home is now contributing to a better environment.
Go Solar in California
Now is the time to consider switching to solar energy for your California home. With the incentives, cost savings, rebates and especially the net metering, if you’d like to start saving money on your energy bills, go solar.
Due to the sun exposure and hours of sunlight, chances are, your home solar panel system will create more energy than you can use which means you can arrange a net metering contract with a utility company to buy power from you!
In California, solar power just makes sense (and cents!). Contact us today and start saving.
Solar energy will save you money on your utility bill. In addition, California offers incentives and tax rebates for further savings. This means, your solar panels pay for themselves within about 7 years.
The biggest advantages in California are the 1 for 1 net metering law and the 30% federal tax credit.
Net Metering in California
California has a 1 for 1 net metering law. This means if you install solar panels, you can sign a contract with your utility company (also called a net metering agreement). With this agreement, the utility company will pay you a retail rate for exported solar power. Since most solar power is produced in the middle of the day when homeowners are away from their house or using little power, this could be worth a lot for homeowners.
How Much Money Can You Save?
They estimate your savings will fully pay for your solar panels and installation within approximately 7 years. You will save on your energy bills, plus if you arrange a net metering contract, you will be in the green for years to come.
It is estimated you could save over $30,000 over the course of a lifetime by switching to solar panels. If you do not get solar, your estimated cost for energy is forecast at approximately $0.42 per kWh. With solar, your estimated cost is $0.08 per kWh.
Local Solar Rebates
Various areas in California offer additional rebates and incentives for installing solar panels. Generally, these can be anywhere from $500 in total to $0.95 per watt of installed capacity.
PACE Solar Financing
PACE (property assessed clean energy) is offered in many cities and allows homeowners to finance their solar panel installation and pay the amount back through their property taxes.
Federal Solar Tax Credit
The Federal Solar Tax Credit is a great way for people to save money when installing solar panels. Through 2021, every homeowner who buys and installs a solar panel system will benefit from an additional 30 percent discount, on top of all of the available California State rebates and incentives.
The California Solar Initiative
Eligible homeowners can receive cash back for installing solar panels on their home. Rebates can be as high as $10,000.
How Much Do Solar Panels Cost?
When purchased outright, solar panels cost approximately $3.75 per watt, before any rebates and incentives.