Government RebatesCSI Program (California Solar Initiative):The California Solar Initiative rebates apply to all investor-owned and municipal utilities in California. The rebate began at $2.50/watt in 2006 and declines as the aggregate capacity of PV installations increases. Click Here for the current incentive levels for each utility. Incentives will be awarded as a one-time, up-front payment based on expected performance, which is calculated using equipment ratings and installation factors such as geographic location, tilt, orientation and shading. FEDERAL RESIDENTIAL SOLAR INCENTIVES Solar Electric Tax Credit: There is a 30% tax credit for all residential solar installations starting on January 1, 2009. If a customer’s tax liability is not as large as the value of the solar tax credit, customers have two years to utilize the credit. This tax credit can also be deducted directly from a customer’s AMT liability. |
