Local solar rebates
Homeowners have access to rebate programs in many areas of the Golden State. These rebates can pay solar shoppers anywhere from $500 total to $0.95 per watt of installed capacity.
PACE solar financing: a leading CA solar tax credit
California has a great Property Assessed Clean Energy (PACE) offering in many cities and counties known as the Home Energy Renovation Opportunity (HERO) Financing Program. PACE financing allows homeowners to finance their PV installation and pay it back through their property taxes.
Net metering in CA
Though there have been some recent state battles involving net metering, this incentive is still available and is undoubtedly one of the biggest reason to go solar in California. In the Golden State, any solar homeowner will receive bill credits for their extra solar power at the retail rate from his or her utility. The capacity limit is 5 percent of aggregate customer peak demand for California’s net metering program – a statewide incentive.
The Disadvantaged Communities – Single-family Solar Homes (DAC-SASH) program provides upfront rebates to income-eligible, single-family homeowners installing solar panels. Homeowners must be customers of Pacific Gas and Electric (PG&E), Southern California Edison (SCE) or San Diego Gas and Electric (SDG&E) to take advantage of the incentive.
The Federal ITC (solar tax credit)
When focusing on state-specific benefits of going solar, it’s easy to forget about the federal solar incentive that is making solar so appealing to homeowners across the country: the Investment Tax Credit, also known as the ITC. Now that the ITC has been extended through 2021, every homeowner who buys a solar panel system will benefit from a 30 percent discount on top of all additional state rebates and incentives.