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  • Frequently Asked Questions
    About the California Solar Initiative

  • What is the Payback on a Solar Electric PV System?

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    ASES

    CALSEI

    Norcal Solar


     
     
    It's Good for the Environment

    Solar energy is a clean, reliable, renewable energy alternative to polluting high-impact systems. In California, our power is primarily generated by natural gas, followed by large hydroelectric systems, coal-fired power plants, and nuclear power. Only 10% of this is renewable energy*, yet enough sunlight falls on the earth's surface every hour to meet world energy demand for an entire year. With resources dwindling and becoming more costly, the time is now to invest in long term solutions to our shortage and achieve energy independence.

    Start Saving Now on Your Electric Bills A solar energy system can offset your peak energy consumption down to base line levels and help you save up to 80% or more of your annual electricity bill. Energy rates are increasing at a rapid rate with no end in sight. Streamlining your energy costs will significantly improve your bottom line.

    Incentives
    Right now there are rebates and tax credits offered for you to invest in a Solar Energy System. The California Energy Commission rebates are priced per kilowatt based on output and performance of the system, and the federal tax credit is 30%.

    Corporate Depreciation Incentive
    Under the Modified Accelerated Cost Recovery System (MACRS) your business can recover investment in solar energy through depreciation deductions. All properties placed in service after 1986 can be depreciated in five years.

    *Source: 2006 Net System Power Report, California Energy Commission Publication # CEC-300-2007-007


     

     

     


     
         
     
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    1800 Orion St. Ste 101, Alameda, CA 94501