Once you’ve made the decision that solar will work for your needs, now you need to decide on your time-line. Many people feel that since solar technology is constantly improving and becoming more efficient, they would rather wait til the next new thing. Or maybe they don’t feel that their finances are quite in order. But there are certain benefits to installing sooner rather than later and considering some of those might just tip you in the solar direction.

1. State Solar Rebates and Federal Tax Incentives

The California Solar Initiative is currently offering a rebate for every kW installed. There are only so much funds allotted towards solar rebates for California so once they’re gone, they’re gone.

The government will also throw in a 30% tax credit for installing a residential solar system that can be used until 2016.

2. Start saving money now

The sooner you have a system installed, the sooner you will begin to see that meter spinning backwards. PG&E rates have been bouncing all over the place the past few months and will continue to do so. Every month spent waiting is actually costing you money!

3. An investment that pays back

Installing a solar system is an investment, not just a purchase. You will get a nice return on this investment – who can beat free electricity? And it will improve the value of your home.

Upcoming article will examine system installation.