What about cost-reducing solar incentives?

May 27, 2024

Federal and State Tax Incentives are available including:
• California Incentive Programs
• Residential Renewable Energy Tax Credit
• Business Energy Investment Tax Credit

The US government currently offers a 30% investment tax credit as part of the Inflation Reduction Act.

Five-year accelerated MACRS depreciation is also available to businesses that install renewable energy systems. Consult your tax advisor to discuss your eligibility.

In California, solar electric systems are exempt from property taxes. (CA RTC, Section 73) Although the value of your home or business will increase with the investment of a solar electric system, property taxes cannot be raised.