Green Air Solutions for Solar Energy
Saving the Planet One System at a Time
Sunlight powers life on our planet. When photovoltaic materials (photo meaning light, voltaic meaning voltage) were first discovered in the late 1880s, visionaries like Thomas Edison knew that this sustainable discovery would one day change the way we power our world.
The California Solar Initiative is bringing this change to life, and helping to make the clean, reliable and inexhaustible energy of the sun even more accessible in a state that has long been a national leader in environmental stewardship.
Today, it is common to power our homes and businesses with solar technologies. In fact, thousands of your friends, neighbors and businesses already rely on the state’s most abundant natural resource—the sun—for their power, while taking advantage of the financial benefits of Going Solar.
The State of California and its electric utilities foster adoption of solar power by rewarding customers who Go Solar with cash incentives, a streamlined interconnection process and simplified requirements for Net Energy Metering, which allows for measuring the amount of a customer’s energy production and consumption. Solar energy is so important to our state and our energy future that the California Solar Initiative provides incentives to residents and businesses for installing solar electric systems. Solar energy is a renewable alternative to building power plants that burn fossil fuels and emit greenhouse gases, which lead to global warming and climate change.
By Going Solar, you are reinforcing California’s commitment to a healthy environment and economy that makes the future bright for California and leaves a legacy of clean energy for generations to come.
What is a Carbon Foot Print & Why Should I care?A carbon footprint is the measure of the amount of green house gases, measured in units of carbon dioxide, produced by human activities.
Decrease your carbon footprint & protect the earth
Solar reduces your carbon footprint as well. The average American household generates 7.4 tons of carbon dioxide per year through electrical use. Carbon dioxide has been proven to cause global warming, which is wreaking havoc on our Earth—causing glaciers to melt, shorelines to erode and animals to be endangered.
Solar on your home can help conserve more than 16,000 gallons of water per year, and reduce reliance on foreign and nonrenewable energy sources.
Tax Credits For Energy Systems
Homeowners or businesses that install qualifying solar energy systems are eligible for a federal tax credit that can mean substantial savings on their tax bills.
What is the amount of the tax credit?
The tax credit is for 30 percent of the cost of the system. The advantage of a tax credit is that it is subtracted from your total tax liability, as opposed to a tax deduction, which only reduces the amount of your income before the tax is Computed.
What are the solar system requirements?
A photovoltaic system must provide electricity for the residence and meet applicable fire and electrical code requirements.
What do I need to do to qualify?
To qualify, taxpayers need to have the following documentation:
- A copy of your Contract
- Tax Form 5695
- Certification that the system meets the qualifying criteria
Where can I learn more?
For additional information, see these websites: Tax Incentives Assistance Project: www.energytaxincentives.org
Take less risks for a larger return by investing in Solar!
When a solar system generates savings for a homeowner its yield is not taxable. Typically, a solar system will provide a ten to fifteen percent return per year. More specifically, a ten percent yield from solar equals at least fifteen percent before taxes.
There is a big difference between placing the same money into a stock, bond or CD and going solar to avoid a high utility expense. While the traditional avenues of investment are available to us as options, we really have no choice about our utility bills.
Generate enough Power to sell back to your utility company!
If you generate more power than you use from the electric company in a given month, you will see a credit applied to your bill. At the end of a year, if you have a surplus of energy, you may be paid in cash, at a wholesale rate, per kilowatt hour. What this means is that the utility will pay you what it costs to generate the power, and not the end-user mark-up.
Some People enjoy Savings Already!
The people who have already installed these types of systems are really enjoying no utility bills, or depending where they live, the check they get from the utility company.
What You Could Save Over Time
What would you do with an extra $20K? That’s how much the average solar system will save you over 20 years. Residents in some states with high electricity prices can expect to save much more than that – consider Hawaii, where residents save on average $64,000 after 20 years
The Cost of Electricity Vs. Cost of Solar
The long-term trend for electricity prices is UP! Over the past 20 years, electricity prices have risen between 2.5% and 7% every year
The price you pay after going Solar will never inflate in comparison to the cost of Electricity over a period of 5 – 20 years!