Tax incentives and rebates can reduce the cost of going solar by up to 50% depending on your state and local programs. Financing options are now available in many areas to help overcome the upfront costs of going solar.Let's do the math:
In Bakersfield, CA, you can install a 5.75 kW system at a net cost of $20,670 after rebates. Your payback period would be just 5-6 years and a compound annual growth rate of 9%. And depending on the weather conditions during the month, you could save up to 78% off your electric bill.