Solar Incentive For Southern California
Federal Tax Credit
The first and most beneficial benefit of switching to clean, solar energy is the 30% Federal Solar Investment Tax Credit (ITC) currently available for a limited time. The ITC allows you to claim your entire system cost, including installation with NO upper limit to
reimbursement. This means that no matter the size if your system – you can take about a third right off the top.
It’s also important to note that the Federal Tax Credit does have a deadline… The time to invest in solar is now.
Net Metering is a system implemented all across California that requires utility companies to monitor how much energy you produce with your solar panels, and compare it with how much you consume. And the laws in California are such that you are entitled to be credited for 100% of the electricity you produce. So what if you produce more than you consume? Well, your utility company is required to pay you at the end of the year for at retail price for all the surplus energy you gave back to the grid.
Property Tax Exemption
Ever thought about how much value those solar panels add to you home? It could be up to $24,000 or higher! Under normal circumstances, when you add value to your home you are obligated to pay an increase in your yearly property tax. But with solar – that’s not the case. The capital gains are ALL yours…
Rising Electricity Rates
California residences currently pay an average of 17 cents/kWh on their power bill – which means you’re paying one of the top ten highest rates in the nation. And it’s not getting any lower… on average electricity rates rise 3.5% per year!
But that’s not the worst part. Ever ask yourself where that expensive energy is coming from?
Clean, Renewable Energy
Although the environmental aspect is usually seen as secondary to the financial savings… we believe it is equally important! Currently, all of your dirty energy is being produced by burning coal, but Sun Energy California has the solution.
When you switch to clean, solar energy – it’s the equivalent of:
- Planting 127 trees a year
- Saving 7 tons of Co2 from being released in the environment
Now that’s a smart decision.
Act today. Take advantage of guaranteed savings, and a $0 money down investment in clean, solar energy.