Solar Rebates
Solar power often delivers its largest financial benefit during peak periods when utility generated electric supplies are limited and electric prices are at their highest. To promote solar deployment, governments are adopting public policies to lower capital and deployment costs. See State Incentives for details of solar initiatives at the State level.
California has set a goal to create 3,000 megawatts of new solar-produced electricity by 2017. The California Solar Initiative (CSI) is currently paying a rebate that covers 20-30% of the total solar photovoltaic system cost (see: GoSolarCalifornia for the handbook). The California Public Utilities Commission (CPUC) provides incentives over the next decade for existing residential homes and existing and new commercial and agricultural properties.
In addition, investments in residential solar projects qualify for a 30% Federal income tax credit (which recently changed from $2,000) (see Tax Manual for SEIA Guide to Federal Tax Incentives for Solar).
A qualified solar installer will provide you with the necessary application forms and assist you throughout the application process. The rebate programs decline over time with increased (application) volume, so the sooner you apply the more likely you are to secure a reservation at the current level.