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Financial Info. Financial & Rebates
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Lifestyle Solar is commited to making solar simple and affordable with our prices first of all. In addition, state and federal rebates nowadays with available financing options, makes solar even more affordable than ever. However, rebates decline over time, so go solar and reserve your incentives today!
Incentives and Rebates
Federal Tax Credits for Home
Federal tax credit for solar increased dramatically during the fall of 2008. You can now recieve a federal tax credit of 30% of the net system cost after state rebates are deducted. If you do not expect to owe taxes this year, you can roll over your credit to the following year. (Investment tax credit)
Federal Tax Credits for Commercial
The federal government offers a 30% tax credit (ITC) on the solar system cost. The solar system can also be recognized as an accelerated capital depreciation over 5 years, with 50% bonus depreciation for 2009 projects. The American Recovery and Reinvestment Act is also expected to further help fund commercial projects.
State and Local Rebate Programs
California Solar initiative offers incentives for solar installations based on the expected peformance of a given solar installation taking into consideration of angle, location, and size. The incentive levels drop over 10 steps as the total demand for solar energy grows. Contact us for a free consultation before the rebates drop even further!
Solar Financial
Lowest Price Guaranteed
Lifestyle Solar will beat any competitors’ prices.
Solar Increase the Value of Your Home
According to the Appraisal institute, the selling prices of homes increased by 20.71 for every $1 decrease in the annual utility bill.
Financing Your PV System
Lifestyle Solar has research and contains its own lenders to help fund your system. If you choose not to self-finance your own PV systems, there are many other cost effective financial institutions, and your local bank for a no cost no fee equity loan.
Lock In Low Electricity Rates & Net Metering
On average, electricity prices have increased about 5% for the last 30 years. When you choose solar, you are no longer depedent on the volatile energy market. As rates increase in the future, you investment becomes more increasingly valuable. In addition, net metering laws madate your utility company to purchase your excess power at standard retail prices.
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