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Riverside county energy rebates
That's a huge amount of money for a zero-down investment!
Still, an outright purchase returns the most money over time, because you own the system from day one and reap all the benefitsthe Federal solar tax credit of 30 of system costs and some decent energy bill savings.
Here's how that looks: First-year electric bill savings: 300 - First-year loan payments: 706 First-year cost of solar: -406 First year federal tax credit: 2,231 Total in your pocket after year 1: 1,825 Your loan payments will exceed your electricity savings while you pay off.That's because the state gets a nice amount of sunshine, so even without huge incentives, it's enough to make solar worthwhile, generating a good deal of income for you after you pay your loan off.Be Prepared, natural disasters and other emergencies can strike without warning.Your best bet is to connect with one of our partners in Virginia to get help with paperwork and make sure you get all the solar incentive money that you can.You'll end up with a little profit over 25 years, and you'll also help take a lot of carbon out of the air!The amount of hydroelectricity produced varies each year and is largely dependent on snowmelt runoff and rainfall.