Solar Rebates and Tax CreditsThe California Solar Initiative is currently offering a $1,900 per kilowatt cash rebate for solar power systems that are connected to the utility grid. This is not a tax credit; this is a cash rebate. The federal government also offers a thirty percent tax credit. Currently it is capped at $2,000 for the residential market but unrestricted for commercial. It is important to note that as a credit, and not a deduction, you will receive the 30% back on your federal taxes.
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