Thanks to the Solar Investment Tax Credit (ITC), you can potentially receive a 26% federal tax credit. The Tax Credit will continue to decrease each year so now’s the best time for solar.
This is money that can apply back into your solar loan program, or pocket the credit for other expenses. The choice is yours!
CALIFORNIA TAX BENEFITS
California solar incentives and rebates in 2021:
| Incentive | Amount | Eligibility |
|---|---|---|
| Solar Tax Credit | 26% total system cost (including installation) | Anyone who pays federal taxes |
| Net metering | Your solar exports earn the retail rate of electricity, less a small non-bypassable surcharge | All customers of investor owned utilities PG&E, SoCal Ed, SDG&E |