Rebates
and Tax Incentives
There are two seperate governmental
aids to assist individuals who wish to invest in solar electricity.
These aids are:
- Federal Tax Incentive
- California Solar Initiative
(1.)
The Federal Tax Incentive is available to both residential and
commercial entities to encourage the purchase and usage of photolvoltaic
energy systems and equipment. The options for the Federal Tax
Incentive are as follows:
- Residential- As of January
1, 2006, there is a new Federal Tax Credit available to those
installing a Solar Electic System on their Residence. The
credit is 30% with a $2,000.00 cap.
- Commercial- As of January
1, 2006, anyone who whishes to install a Solar Electric System
on there place of Business can take advantage of the new Federal
Tax Credit. The Credit is 30% with no cap, making Solar Electric
more affordable than ever!
(2.)
During this time, the California Solar Initiative (CSI) is offering
a $2.20 per watt rebate on qualified solar electric systems.
For additional information please visit
the California Solar Initiative website.
www.gosolarcalifornia.com
