California Solar Panel Rebates 2017

The rebate amount varies depending on the customer class installing the system and the system s size.
California solar panel rebates 2017. These rebates can pay solar shoppers anywhere from 500 total to 0 95 per watt of installed capacity. Federal solar rebates available in california. Check out our top list of incentives to go solar in california. California solar tax incentives top the charts with one of the sunniest climates in the world it s no surprise that california is the no.
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. Learn more about california solar rebates from our fresno solar company. The state has just the right mix of factors that make solar work for the average home. Here are just two.
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. 1 solar state in the country 1 the golden state is setting the gold standard for clean energy policy 2 with an ambitious goal to run on 100 carbon free energy by 2045. 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. Lots of sun high electricity prices great support from state government and plenty of options for solar panel financing.
The federal solar tax credit is 26 of the cost of a system in 2021 but falls to 22 in 2021. Homeowners have access to rebate programs in many areas of the golden state. The solar investment tax credit is a 30 percent tax credit for homeowners. All of the financial benefits listed below go to the owner of the solar panel system.
In addition to the 26 federal solar investment tax credit homeowners may also have access to additional solar incentives from their state or local utility. 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. As of early 2017 10 utilities in california still offer solar rebates. Due to high energy costs and ample sunlight california is a great state for solar.
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. What are the main california solar tax credits and rebates. How does it work. There is no california solar tax credit.
Here s a summary of solar rebates by state. Solar power in california.