CASH REBATES FOR SOLAR IN SAN DIEGO ARE GOING, GOING...ALMOST GONE!

The energy-savvy couple owning this Del Sur home earned $16,131 in incentives and is saving 124% monthly by powering their home & electric vehicle (EV) with solar.
The energy-savvy couple owning this Del Sur home earned $16,131 in incentives and is saving 124% monthly by powering their home & electric vehicle (EV) with solar.

“As you grow older, you'll find the only things you regret are the things you didn't do.”

--Zachary Scott

By Martin Learn, President, Home Energy Systems

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The energy-savvy couple owning this Del Sur home earned $16,131 in incentives and is saving 124% monthly by powering their home & electric vehicle (EV) with solar.

Earlier this year, I introduced this column with compelling ways solar electric (PV) systems can help property owners slash energy costs,

Earlier this year, I introduced this column with compelling ways solar electric (PV) systems can help property owners slash energy costs,

improve property values

and qualify for solar tax credits and cash rebates that can put thousands of dollars back into their pockets with $0 down – and within months of interconnection.

The state of California’s recent decision to reinstate the wildly-popular cash rebates for residential solar has proven a powerful incentive to driving 4Q solar adoption, while helping many of us in the industry hit the ground running in 2014.

But these cash rebates (which amount to 20c per installed watt) are in limited supply. They’re provided to residential customers on a first-come, first-served basis – and going fast!

As a business owner who’s been helping San Diego County residents monetize the sun since 2001, I’ve too often seen homeowners who can

truly benefit from solar

solutions overlook their potential because of industry misconceptions.

Let’s shed some light on more of the pervasive solar myths that are keeping homeowners from realizing thousands of dollars in solar tax credits, cash rebates and energy bill savings by harnessing free energy from the sun.

Solar Myth #4: Now May Not Be the Best Time to Go Solar, As Prices May Continue to Fall

The costs associated with of solar electric systems have plummeted 40-60% over the course of the past six years. And while the industry continues to look for ways to drive down costs, the energy

prices you’re paying SDG&E

just keep going

up

  1. A watt of power generated by the sun today will be worth even more to you and your family in 5, 10 – even 20 years. And solar procrastination means you could lose out on

newly-reinstated California Solar Initiative (CSI) cash rebates

, which are being offered on a first-come, first-served basis. These cash incentives combine with today’s 30% federal tax credits to drive savings that may not be around for long.

Solar Myth #5: The Longevity of Solar Electric (Photovoltaic) Panels Is Over-stated

In our last column, we learned that not all solar electric (PV) panels are created equal, nor perform with the same levels of

efficiency

  1. While warranted for up to 25 years, many have a design life of over 40 years. There are modules still operating today that were manufactured in the 1950s! It’s an often-overlooked fact that solar is more of an

investment

than a home improvement. How many home improvements can you name that pay for themselves over time – and then continue to pay YOU for decades to follow?

Solar Myth #6: Solar Has Limited Rooftop Applications, Design Options

Solar is no longer a one-size-fits-all proposition for homeowners. New racking systems allow for faster (more cost-effective) solutions on a variety of rooftops, from concrete to shingle to Spanish tile. For more difficult gabled rooftops, where shading can be a problem, terrestrial-based structures, carports, gazebos, pole-mounts and building-integrated designs are gaining in popularity. New inverter options also allow for split-rooftop arrays to optimize power production. And let’s not forget about the benefits of being able to fuel your electric vehicles (EVs) and Plug-in Hybrid Electric Vehicles (PHEVs) with electricity generated from the sun.

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