There are many state and federal programs in place to make solar panel energy more affordable. This should help you understand the options available…
California Solar Initiative
Normally, the rebate you can expect to receive on your solar photovoltaic (PV) system will be directly tied to the estimated expected performance of your new system. They’re paid out in increments. That simply means that over time, as more solar panel systems are put into place, the monetary value of rebates available will increase accordingly. So if you want to get the most out of your rebates, you should try to apply for them as soon as possible.
After you’re approved and you receive your CSI reservation and it’s confirmed, your rebate is locked in. You’ll be able to collect on it after installation is complete AND after you complete and submit all of the required paperwork.
How Solar Savings Works
Making the effort to move to solar power is rewarding. You should have a system installed that is eligible and qualified. Not only will you start saving money on your electric bill and take some of the stress off of the environment, but you can also get a rebate on your new system!
Understanding Photovoltaic (PV) Incentives
Should you choose to use photovoltaic technology to product your own power from the sun, then you very well could be qualified for the photovoltaic incentives. This rebate can help recoup some of the cost of both installation and the equipment itself. You will also be able to participate in Net Energy Mastering. This simply means that any energy you produce that goes above what you use can be turned in for credit – meaning you can say goodbye to your electric bill!