Utility and Tax Incentives

Federal, state, and local governments understand the importance of sustainable energy and the high costs associated with traditional power sources. Utility companies can’t afford to maintain their infrastructure costs as homes use more and more power. That’s why, in most cases, utility and tax incentives can save customers well over 50% on the cost of energy.*

Federal Investment Tax Credit – 30%

The solar investment tax credit (ITC) is a dollar-for-dollar reduction in the income taxes that a person or company claiming the credit would otherwise pay the federal government. The federal ITC is based on 30% of the homeowner or business owner’s cost to install solar from 2023–2032.

ITC Stepdown 30% 2022-2032, 26% in 2033, and 22% in 2034
State Incentives

California offers many state and local incentives for going solar. The utilities offer incentives such as energy audits and battery rebates. They vary by utility company and location. We will help you attain all of the incentives your project qualifies for.

Residential solar install on a home.
Increase Home and Business Property Value

Owning a residential or commercial solar energy system installed on your property is considered a capital improvement that can enhance the overall value of your property. This advantageous feature not only has the potential to expedite the sale of your home or business but also increase its selling price compared to those lacking solar installations. Furthermore, your investment in this eco-friendly and efficient solar power system contributes to the tax basis of your property. When you decide to sell your property, this tax-based investment can be subtracted from the sale price, thereby reducing the portion of the price that is considered profit. As a result, this reduction in taxable profit can lead to lower taxes on the sale and potentially even help you avoid capital gains taxes associated with property appreciation.

*Ask your representative about which incentive you’re eligible to receive. Please consult a tax advisor on your ability to claim these nonrefundable tax credits.