Many people are under the false impression that you have to be an environmentalist to have interest in installing solar. Paying the upfront cost to install a solar electric system is something only a “green” person would do. Well, that’s not true anymore. Here are 5 financial reasons to go solar now!
1. Utility rebates are decreasing as more people decide to install solar.
The California Solar Initiative (CSI) program will provide more than $3 billion in incentives for solar-energy projects in California. However, the amount of the incentive is scheduled to decrease in 10 steps over the duration of the program. Pacific Gas and Electric (PG&E) and San Diego Gas & Electric (SDG&E) are already in step 5 for residential projects, while Southern California Edison (SCE) recently dropped into step 4.