Benefits of Solar Electric Systems
The benefits of installing a solar electric system in your home are varied, from monetary to environmental.
Renewable Power Generation
Solar electric power is a renewable, or sustainable, energy source. It provides utility grade power without the dependence on fossil fuels, which is how most power utilities produce electricity today.
Reliable
Solar electric systems are very reliable. They have no moving parts. Solar panels often have warranties extending up to 25 years. Inverters have warranties up to 10 years. Very little is needed to maintain them other than an occasional spray off with a hose in dusty areas.
Zero Emissions
Solar power produces no emissions unlike much of today's utility-supplied power. And best of all, once the system has paid for itself, which only takes a matter of years, you will enjoy decades of clean sustainable power — free and clear.
Tax Credits
Up to 30% for businesses and the lesser of 30% or $2000 for residential systems.
Rebates
California currently provides $2.60 per watt rebate. This accounts for nearly 30% of the system cost.
We can carry these for you! This means that we will accept the rebate as part of payment so that there is less upfront money needed from you to install your system. We wait for the money, not you.
Accelerated 5 year depreciation on commercial systems
For commercial systems, accelerated depreciation is available for the depreciable basis of the solar electric system, on the portion of the cost that is not covered by rebates or grants.
Increased Home Value
For every $1,000 reduction in annual operating costs from energy efficiency, a home's value is increased by $20,000. So essentially the value of the home is increased by the annual operating costs savings multiplied 20. Read more on this. (PDF)
Hedge Against Rising Electricity Prices
Once you have invested in your system, you will be producing power independently. You will then be less susceptible to increases in energy costs on the power you produce for the life of your system. Electricity rates have historically increased by 6% on average each year for the past 30 years.