California offers some enticing reasons to install a solar energy system for your home or business. Net metering, sales/property tax exemptions, and solar easement laws can offset the cost of installing solar in California.
Find up-to-date information on California solar incentives and clean energy tax credits at the DSIRE program page for California. (DSIRE is the Database of State Incentives for Renewables and Efficiency®.)
MOXIE serves all of California from its office in Folsom!
When you go solar in California you can enjoy the financial benefits of clean energy rebates. Over 31,288 megawatts (MW) of solar energy are installed in California.
On top of the California solar laws currently in place, there are many great tax benefits to take advantage of if you install solar in California.
Net metering in California allows you to earn credit on your electric bill on days when your system produces more energy than you use. Use the solar credit to offset the days when your system produces less than what you need (can happen in wintertime some) and avoid paying the utility company one cent.
The California Property Tax Exclusion ensures that new solar energy systems are exempt from property tax assessment value in perpetuity.
The law includes solar storage devices, power conditioning equipment, transfer equipment, and parts.
Your property will likely be worth more to prospective buyers, but you won’t have to pay higher taxes for it!
California’s Solar Easement and Solar Shade Control Act protects your solar array from trees planted by neighbors after the solar system is installed.
California has a sales tax exemption for your solar panels, racking, and inverters. This saves good money right off the bat.
The Federal Solar Tax Credit is 26 percent for construction started before until Dec. 31, 2022.
Similar to other solar tax credits, with the ITC you can deduct 26% of the cost of your solar energy system from your federal taxes.
In 2023, the solar ITC drops to 22%.