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Riverside ca residents who switch to solar are eligible for these local, state and federal tax programs.
|Program Name||Program Type||Amount|
|Residential Renewable Energy Tax Credit||Tax Credit||30% before 2020 26% during 2020 22% during 2021|
|Residential Energy Conservation Subsidy Exclusion (Personal)||Tax Exemption||Full rebate amount excluded from taxable income|
|California Solar Initiative - Single-Family Affordable Solar Housing (SASH) Program||Rebate||$3/W CEC-AC|
|CEC - New Solar Homes Partnership||Rebate||Affordable housing: 75% of system cost All other projects: 50% of system cost|
|Net Metering||Utility Credit||Excess generated power credited to customer's next bill at retail rate. After 12-month cycle, customer may opt to roll over credit or receive payment|
|Property Tax Exclusion for Solar Energy Systems||Property Tax Exemption||Tax exclusion for 100% of system appraisal|
|Renewable Market Adjusting Tariff (ReMAT)||Feed-in Tariff|
The main cost of a solar system is the panels, which will vary depending on your power and roof needs. Newer ones are expected to last 25 years in good conditions. Inverters tend to cost around $500 and usually need to be replaced in 5-10 years, but this will depend on the inverter type. Other costs include frames to hold the panels, wiring, etc, and are relatively small.
|Enphase Energy||1509||M250-60-2LL-S2x (-ZC) (-NA) (240V)|