Categorized | Uncategorized

Power Companies fighting uphill battle

Power Companies fighting uphill battle

Power companies across the country are fighting an uphill that they might not win. They are blaming homeowners for taking advantage of massive government savings programs. These incentives allow homeowners to use clean energy to reduce the cost to their solar energy projects at almost no cost. The government has highly incentivized homeowners to go solar with thousands of dollars in rebates and incentives. The federal government allows customers to deduct 30% of your solar project off your federal taxes through an investment tax credit (ITC). In California, these rebates are done through the California Solar Initiative.

In the south bay area of Los Angeles, the payback can be as low as 6 years with a 20 year savings of $35,000. On the other side of the country along the Jersey shore, the payback can be even lower at 3.7 years and a 20 year savings of $80,000.
So what are the incentives for your area?

Find out what incentives are being offered in your area by visiting DSIRE: Database of State Incentives for Renewables & Efficiency® or by clicking on State Incentives on the top of our page.

Comments are closed.

How Many Solar Hours Are In Your Area?

Find Solar Potential in Your Location

Want to Learn More?

For more information, fill out the form below and a qualified solar panel installer will contact you.
First Name:
Last Name:
Email:
Phone:

Find A Local Solar Installer

Fill in your zip code to find installers serving your area or browse alphabetically
Zip Code:

RSS Solar Energy News

  • World Bank Puts Fossil Fuels On Notice December 13, 2017
    The World Bank Group (WBG) yesterday during the One Planet Summit in Paris said that, as of 2019, it will no longer finance exploration for and production of oil and gas. […]
  • Israeli Solar Panel Cleaning Tech Firm Raises $13 Million December 13, 2017
    Israel-based Ecoppia yesterday said that it has raised $13 million, led by investors Swarth Group, GlenRock Israel, Gandyr Group, and Harel Group Insurance and Finance. […]
  • Brazil's Largest Wind Company Has Big Plans to Dominate Solar December 13, 2017
    Brazil’s biggest wind company has set its sights on dominating the country’s nascent solar market. CPFL Energias Renovaveis SA has 1 MW of solar power in operation now, a pilot project in Sao Paulo State, but has plans to build another 450 MW.  […]
  • California Storage Providers Help Balance Renewables on Japan's Grid December 13, 2017
    Two California energy storage providers say they are deploying networks of systems in Japan to help the country use more renewable energy. Stem Inc., a California firm that provides energy storage solutions, said it’s deploying a network of systems with Mitsui & Co. Ltd., marking its first foray into Asian markets.  […]
  • CHP No Longer Perceived Negatively by Utilities December 11, 2017
    Attitudes to combined heat and power technology have transformed, according to speakers at the world’s largest electric power conference. […]
  • The View from Washington On Energy Regulations December 11, 2017
    And interview with Emily Fisher, Vice President, Law, and Corporate Secretary at Edison Electric Institute about the view from Washington following a Thursday, December 7 Plenary discussion at POWER-GEN International. Fisher describes the two different avenues that President Trump is pursuing regarding regulations and the energy industry.   […]