Federal Solar Energy Rebates
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Should the federal government offer tax rebates to homeowners installing solar panels?
Tax rebates are given to hybrid owners. Home owners getting energy from the sun instead of coal would lead to a cleaner environment.
There is a federal tax rebate for solar power up to $2000. There is also tax rebates or deductions from most states with income taxes as well. Also many states have a rebate program that basically helps pay for the system unrelated to the tax system. California for instance will pay about $2.50 per installed watt. For a typical home systems that will work out to about $5000.
If you are interested in estimating the cost of a system for your home and would also like information about available rebates and tax incentive try the website below. Check out the “My Solar Estimator” link.
Solar power is actually very cost effective. It rases the value of your home and counting that value increase, most well designed solar installations will pay for themselves within about five years. That depends of course on the amount of sun you get and your local electrical rates.
San Diego Guide to California Energy Rebates & Solar Tax Credits
