Californians are making the choice to improve the environment and cut their energy costs while becoming energy self-reliant. A Federal tax credit of 30% is available to most homeowners and businesses and take advantage of accelerated depreciation on the solar system*.
Converting to solar power also ads substantail value to your home. Lawrence Berkeley National Laboratory, a research laboratory affiliated with the Department of Energy, disclosed in a 2015 report that homebuyers are “consistently willing to pay PV home premiums” of approximately $4 per watt of installed solar capacity (note: this study only covered homes where the solar PV system was owned, not leased). For a standard 6-kilowatt solar PV system, this means that solar can add $24,000 to your home’s resale value.
PACE (Property Assessed Clean Energy) can help finance your solar project.
*Consult your tax adviser for how the credits and depreciation will apply to you.