California Rebates & Solar Tax Credits
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California Solar Initiative (CSI) is currently offering two rebate structures. An Estimated Performance Based Buyout (EPBB) is paid out in a lump sum when your system is interconnected. Rebates can also be paid out over a period of 5 years in monthly payments. Each month you will receive a check based on the amount your system has produced multiplied by the CSI Performance Based Incentive (PBI) amount. PBI rebates are about 20% higher than EPBB rebates, but require utility grade monitoring.
CSI EPBB Rates - Currently, there is a $350 per kilowatt cash rebate for residential and commercial solar power systems that are connected to the utility grid. This is not a tax credit; this is a cash rebate. (Offered thru Integrity Solar’s installation package)