California Solar Power State Rebates
When I speak to consumers who are interested in solar power outside of California they feel that Solar Power is so “peachy keen” out here, but in reality its far from the best it can be. Obvisouly the Califoria state solar power rebates is the reason the solar power market out here is booming but the process is difficult for consumers to obtain the rebates. The rebate paperwork for solar power in california can be more difficult then installing solar power itself! The paperwork is as thick as a book, so it can be very overwhelming for a first timer.
There are two types of rebates californians can qualify for Solar Power:
Expected Performance Based Buydown (EPBB) – is an upfront rebate program funded as part of the California Solar Initative, systems under 100kW are eligible for the EPBB rebate. The EPBB Rebate is based on location, system size, orientation and the rebate level at time of finished installation.
Performance Based Incentive (PBI) – a program in which rebates are paid based on energy production, designed to benefit owners of larger solar power systems The current PBI program in California pays solar system owners monthly for energy produced for 5 years. Rebate levels decline as more people in california install solar power.