Financial Savings
Lifestyle Solar is committed to making solar power simple and affordable with our prices. We will beat any competitors’ prices with the lowest prices guaranteed. On top of the savings you can only find with our company, there are also state and federal rebates that help put more money back into your pocket. With rebates declining over time, why wait, get started with Lifestyle Solar today!Incentives and Rebates
Federal Tax Credits for Home
You can now receive a federal tax credit of 30% off the net system cost after state rebates are deducted. Investment tax credit can also roll over to the year following year.
Federal Tax Credits for Commercial
The federal government offers a 30% tax credit (ITC) on the cost for a solar panel system. The solar panel system can also be recognized as accelerated capital depreciation over 5 years, with 50% bonus depreciated for 2009 projects. The American Recovery and Reinvestment Act is also expected to further help fund commercial projects.
State and Local Rebate Programs
The California Solar Initiative offers incentives for solar panel installations based on the expected performance of a given solar installation, taking into consideration the angle, location, and size. The incentive levels drop over 10 steps as the total demand for solar energy grows, meaning the longer you wait, the less you will be able to save. Contact us for a free consultation before the rebates drop even further!
Financial
Increased Home Value
Increase your home value without additional tax assessments or increasing your property taxes. The increased home value itself is much higher than the cost of the system itself.
Financing your PV System
The upfront installation costs are far cheaper in the long run than paying increasing electrical rates. Systems typically pay for themselves in 5-8 years, at which point all your energy is FREE and renewable. Lifestyle Solar has done the research for you, 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, such as your local bank that can offer 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 dependent on the volatile energy market. As electrical rates increase, your investment becomes increasingly more valuable. Net metering laws mandate your local utility company to purchase your excess power at standard retail prices, making solar a wise investment.
