Update: 2016 Solar Rebates Will Run Out By The End Of This Year
Did you know that there’s a government policy aimed at providing affordable solar panels to middle class people in Los Angeles?
If you live in an approved zip code, tax credits, rebates and incentives from this program could allow you to make the switch to solar without spending a penny upfront.
The Government incentivizes solar panels because harnessing the energy of the sun can create jobs in the solar industry, protect the environment and save homeowners money all at the same time. If you qualify this program—The Residential Renewable Energy Tax Credit—you could be just days away from receiving solar panels, installation and a massively-reduced monthly electric bill for $0 down.
Need more incentives?
- Reports show that going solar can reduce your electricity payments by up to $1560 a year or 70-90% monthly.
- Around Los Angeles, a new solar system can increase your property’s value by up to 20%.
- Some states allow homeowners to sell electricity back to their utility companies—enabling you to power your home for free and potentially make a profit off of the electricity you generate!
The bad news:
This current policy is set to expire December 31st, 2016 —so in order to cash in on these savings, you need to act now. Luckily, once the panels are installed, you’re set up for a lifetime of savings.
So, if you live in an approved zip code in the Los Angeles area and are wanting to pay less for electricity, we encourage you to see if you qualify for these programs. All you have to do is answer a few straightforward questions to determine if you are able to qualify. There is absolutely no obligation to purchase, we will not ask you to provide any payment information and the process takes less than 30 seconds to complete.
Final NOTE: Don’t let your utility provider trick you into thinking you’re under contract, because you are not.
It is a very easy process to cancel and even get the balance refunded from your current bill.