Rebates and Incentives
The California Solar Initiative (CSI) offers cash rebates for homeowners and businesses that install solar electric and water systems. The Federal Government offers a 30% tax credit to homeowners and businesses as well.
The U.S. is striving to create billions of watts of solar electric power moving our country to a cleaner brighter future. Call EcoSun now and join the thousands of homes and businesses who have received cash rebates and tax credits for installing solar systems.
Another attractive incentive is Solar Renewable Energy Credits. (SREC). Think of an SREC as a coupon. Every time your solar power system finishes generating one megawatt of power, it spits out on of these coupons. If you have a nicely oriented, non-shady roof and 5KW of solar panels up top, you’ll generate about 7 of these SRECs a year. You can redeem each coupon for cash at whatever it happens to worth at the time. Now here’s the tricky part…what it worth at the time…is strange and how you redeem it…is strange. For more information on SREC’s click on the link.
Another incentive that is going to be implemented Jan. 2011
The AB920 bill.
After Jan. 2011 any solar system that feeds more power into the grid than what the system owner uses, will receive compensation for that power from their electric provider. See the following link to learn more about this exciting incentive.
http://info.sen.ca.gov/pub/09-10/bill/asm/ab_0901-0950/ab_920_cfa_20090417_084828_asm_comm.html
The California Solar Initiative has two types of rebates. Performance Based Incentive. (PBI)
Expected Performance Based Buydown. (EPBB)
The PBI is for systems 30KW and higher.
This incentive offers a payout based on the performance of the system over a 5 year period.
The EPBB is for systems under 30KW and is a cash rebate in one check.
The amounts paid out are based on what step we are currently in. It goes down as more systems are being installed. The longer you wait the less you will get back on rebates. So hurry and call EcoSun today and we can reserve your rebate typically the same day.
To find out what step you are currently in you can follow the link below.
http://www.csi-trigger.com/
There are many rebates and incentives to be had. Call an EcoSun representative today and find out what you qualify for.
Immediate Positive Cash Flow
Long-Term Protection from Rising Utility Rates
Increase in Property Value With No Increase in Property tax