Generation Sun

Rebates and Incentives

While you may consider solar technology a new option for your home or business, it isn't a new technology. It's been around for many years, but the upfront cost of investment was prohibitory for most people. Generation Sun offers PPA and leasing programs that substantially decrease that upfront investment, and in some cases, that cost is eliminated entirely. Now that this technology is within the budget of most consumers, the government is stepping up with rebate and incentive programs designed to make clean energy even more attractive.

Federal Rebate

Once you invest in solar panels for your home, you're eligible for an investment tax credit, also known as ITC. This is a federal tax credit that equals 30% of the cost of your solar power system. If you typically owe money at the end of tax season, this credit can reduce the amount you owe substantially. If you don't owe taxes the year that you invest in solar energy, you can use this tax credit the following year.

The goal of this tax credit is to reduce the upfront cost of a solar system, but the amount awarded through rebate is reduced each year. As more and more consumers switch to solar, available funds for the rebate will dwindle to nothing. Right now is the time to act if you want to receive some money back for your investment.

State & Local Incentives

Many states are now offering incentives to residents with solar power because they want to encourage the transition to cleaner, more sustainable energy sources. You must check with your state to determine whether an incentive program is in place and what type of compensation you can expect to receive if you invest in a solar system.

In California, residents with solar panels can receive incentives for producing excess energy that contributes to the state's power grid. This type of incentive program rewards residents not only for investing in solar technology but for conserving energy to contribute more power to the grid. The more you conserve, the more you can potentially save.

Some local governments are now offering incentive programs as well, but most programs are funded at the state level. If you want to learn more about the programs available where you live, contact Generation Sun to explore your options.

Savings Can Increase Every Year

As a home owner, you must already notice that utility rates are increasing every year. In fact, over the last 20 years they've increased an average of 4% annually. With us, you can lock in lower electricity rates for the term of your contract.

house roof with solar panel
house roof with solar panel
house roof with solar panel

Is solar right for you?

Three factors go into whether solar is right for you.

number 1 solar panels Where you live – rates and incentives vary by state and utility company. Plus, you'll need to own your home.
number 1 solar panels How much electricity you use – the more you use, the more you’ll benefit, particularly in states like California, where you pay higher rates the more electricity you use.
number 1 solar panels Your roof – in good shape, facing any direction but north and not too shaded.
solar panel house

Get A Free Consultation

Generation Sun could save you from rising electricity bills. Get a free consultation below.

By clicking above, you authorize Generation Sun and up to four Solar Companies to call you and send you pre-recorded messages and text messages at the number you entered above, using an autodialer, with offers about their products or services, even if your phone number is on any national or state "Do Not Call" list. Message and data rates may apply. Your consent here is not based on a condition of purchase.