Take Advantage of Solar Energy Rebates
The promise of solar power is energy independence. Part of this promise is the ability for you to save money. Plus there is the possibility of getting paid when excess solar energy is sold back to your electric provider. Prior to being able to produce energy to sell back to the grid, there are many energy rebates homeowners can benefit from. There are state and federal government incentives in the form of solar energy rebates you can take advantage of immediately.
Various Kinds of Solar Energy Rebates Available
There’s a variety of energy rebates that Southern Californians can take advantage of in order to save money on solar. When homeowners install solar panels, they’re able to realize many benefits. Whether you apply for grant funding for energy-efficient projects, or government services, there are multiple ways to save.
- Cash Energy Rebates- Many local governments, state governments, manufacturers and electric or utility companies offer cash incentives to use energy-efficient products or appliances. These are the most readily available energy rebates available to homeowners seeking to save money on their electricity or power bills.
- State Energy Rebates- There are multiple states that offer additional tax and cash energy rebates. Depending upon homeowners’ state where their residence is located, there may be rebate incentive programs that could even pay for a residential solar power system.
Available Credits & Incentives
- Tax Credits- these are still available to you when purchasing an approved qualifying Energy Star appliance. When filing taxes you can get tax credits for the purchase of energy-efficient products, whether solar or Energy Star appliances. As tax season looms, we can all use additional tax deductions in order to help save money.
- Federal Solar Incentives– Since 2006, the federal government has offered energy rebates for homeowners who have solar power systems. This has traditionally been approximately 30%, but as time progresses, this will soon dissipate. This is why the time to act is now. You are encouraged to take advantage of these important energy rebates now before the tax benefits are gone. Unfortunately, this benefit will reduce to 26% in 2020 and 22% in 2021. After 2021, the residential solar credits will disappear altogether, although commercial entities will reduce to a permanent 10%.
There are a variety of energy rebates available to savvy Southern California homeowners ready to take advantage of time-sensitive rebates in addition to money offered back by either manufacturers or Energy Star products. To find out more about these opportunities, contact SunPro Solar at 951-678-7733 and speak with one of our experienced energy consultants.