Congress has just passed the bill that extends the 30% tax credit on entire Solar Energy system cost and lifted the former cap of $2,000.00. Starting Jan. 1st 2009.

What that means to you is:
A Solar system cost of $30,000 would give you a one time Federal Tax credit of $9,000!!!!

What is a Federal Tax Credit?
If you owed $18,000 in taxes at the end of the year, you would after the tax credit of $9,000 only owe $9,000. That sound good?

BUT WAIT IT GETS BETTER!

Edison or other utility companies run by Municipalities offer Rebates.
On a $30,000 system the Edison rebate right now (rebates are going down as time goes on) would be around $6900. If you are a customer of the Glendale W&P your rebate would be $11,597!

Plus! The installed system increases the value of the property at approx. half of the cost of when you bought it. Eg. $30,000 system increases the value of your house roughly $15,000.

Plus! Usually when you increase the value of your house your taxes go up on the property. NOT WITH SOLAR! The increase in value due to solar installation has no effect on your property taxes.

Plus! If you use your home for business you can talk to your accountant about deducting that portion of electricity that you are using from your taxes as well.

PLUS! You are helping our earth by reducing harmful emissions from power plants.

Plus! You will be lowering your electric bill by about half in this case, with proper financing however your overall cost will be lower than what you pay now for electricity. Especially after the loan is paid off, then you will be getting the benefit at no additional cost.

Plus! We have done the research for you and the prices here include the very highest efficiency panels and the best quality rating by the California Energy Commission testing. The Sunpower Panels.

Fact: it takes about 3 months to completely install the system and for us to pull permits for you so your system if ordered today would qualify for the tax credit and assure your paperwork goes through.

In conclusion

Now is the time to install a solar panel system. Total cost for a $30,000 system is

$ 30,000 3.15 kW system Enough to cut your bill in half (for $100/month household).
- 9,000 Fed Tax Credit
- 6,900 Edison Rebate
$14,100 Total system cost. That is more than HALF OFF! For Glendale customers it’s even sweeter at around $9,400.

Of course our recommendation is to use the savings to upgrade your system in kW so that it more completely supplies your current and future energy needs. Electric cars are coming so get ready to feed them with clean energy.

Please call me as soon as possible to reserve your solar panel system and reserve your Edison rebate at the current rate which is rapidly dropping due to high interest in solar right now.