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Deductions & credits
There isn't one, however, you may be eligible for a rebate.
The current Federal tax credit, also known as the Investment Tax Credit, or ITC, allows you to claim up to 26% of the total cost you pay to install solar panels from your federal tax burden for the year. This allows you to make the investment in your home or business and know that the rewards will come back to you later in the form of both reduced energy costs and a tremendously-reduced tax burden.
In addition to a federal tax credit, you may also be entitled to local solar panel rebates. The rebate and incentive amounts will vary based on your location and utility company, which is something you can discuss with a professional at SunPower® by Sea Bright Solar when you contact us for your free consultation. This is called net metering and is something that is undoubtedly a major benefit of switching to solar in California.