At A.M.Shine Electric we believe that solar is a wise investment today for 2 reasons. First of all, the California State Solar Initiative mandates and funds a tax free cash rebate for installing a solar electric system. This rebate is handled through your utility company and is based on tiered pricing. Individuals that invest in solar electricity right away are able to take advantage of current rebate levels that will continue to decline as more people make the switch to solar energy. Secondly, the federal government offers a 30% tax credit on the amount of money you spend on this solar system (minus the rebate). The state rebate and the federal tax credit significantly reduce the cost in installing solar electric. Often the value of the materials alone is more than the net cost. For example, a 5.4kw system which could cost the owner $36,760 before any of the incentives will cost the homeowner approximately $13,326 after the state rebate and federal tax credit.

Depending on system size and usage, you can recover your initial investment in as little as 5 years. The average return for investing in solar electrical usually ranges from 15%-25%.

Even if you decide to finance the cost of a solar electric system, your monthly payments are often less than you would pay for your monthly electric bill.

In today’s economy investing in solar electric is a guaranteed safe investment.

Please contact us for more individualized information

Benefits of Solar