Riverside County Solar Incentives

You re probably using rpu as your utility.

Riverside county solar incentives. Rebate will be credited to customer s electric account. For fiscal year 2015 2016 the rebate amount is 0 50 per watt ac and cannot exceed 50 000. Whether your renewable energy generation project is a residential system or a commercial system you must complete an net energy metering nem agreement with riverside public utilities. Products must be energy star rated to qualify and are subject to approval by riverside public utilities.

This means in order to maximize your savings potential the best time to go solar in riverside is now. Riverside has high rates which helps make solar a great investment. This agreement will allow you to sell any excess energy your system produces back to rpu at the net energy compensation rate as set by rpu each january. In addition rebates cannot exceed 50 of the project costs.

Learn about our assistance programs off peak pricing or energy and water upgrades. Given a solar panel system size of 5 kilowatts kw an average solar installation in riverside county ca ranges in cost from 11 900 to 16 100 with the average gross price for solar in riverside county ca coming in at 14 000. As of september 2020 the average solar panel cost in riverside county ca is 2 80 w. However the tax credit is set to step down to 22 at the end of 2020.

After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. Putting solar on your home is an important financial decision. Leased systems and ppas are not eligible to participate. Rebate amount cannot exceed 25 000 for flat rate customers 50 000 for demand customers and 100 000 for time of use tou customers.

The non residential photovoltaic pv rebate program provides financial incentives for riverside public utilities business customers to install qualifying pv systems on their facilities. The level of incentive is 35 per tree for the purchase of up to five qualifying trees per electric account per calendar year. Only specific species of trees qualify for this program. The most significant incentive to install solar panels in riverside is the 26 federal tax credit.

There are plenty of financing options to choose from come take a look. Our rebate programs help you save money by conserving water and energy.