Financial Assistance for a Home Solar Power System
When available, there may be Programs to Assist Homeowners Purchase a Solar Power System
The California Energy
Commission (CEC) and the California Public Utilities Commission (CPUC) are
funds to help finance grid-tied solar electric installations in the state of
California. The CEC's program, for new residential construction only, is called the "New Solar Homes Partnership"
(NSHP). The CPUC's program, called the "California Solar Initiative"
(CSI), is for existing buildings (retrofits).
NSHP and CSI both offer incentives which will reimburse $1.55 - 2.20 per watt (or more
in some cases), based on the rated AC output of the system or about 20-30% of the total system
cost. These incentives are scheduled to decrease by
about 12% per year, therefore we would recommend that you apply
to reserve a rebate as soon as possible in order to lock in the highest amount. Once your
rebate reservation is approved, you are
allowed 9 to36 months (depending on type of installation you are doing) to complete your installation and claim the money.
To obtain more information
and applications for the NSHP or CSI programs, contact us here at Mountain
Solar (see contact info. below), or you can log onto the CEC website: www.gosolarcalifornia.ca.gov
and download a guidebook with the necessary forms and information. You
can also telephone the CEC with questions or to have guidebook and
documents mailed to you: 1 800 555-7794.
also a federal income tax credit available for renewable energy systems of
system cost (net after incentives), which is available beginning
with the 2009 tax year.
For more information on
these or other local, state, and federal financial incentives for renewable energy systems, log on to www.dsireusa.org
or contact your state energy office.