If you live in California, chances are that your electricity bill is going to get higher on Jan. 1, 2017. The changes are the result of a vote by the California Public Utilities Commission over the summer.
The vote and its impact is outlined in the Los Angeles Times:
“The commission adopted a plan for two price tiers for residential customers, with a 25% price increase as households use more power. Currently, prices more than double in many locations as heavy users use more electricity. A higher premium will remain in place for a much smaller percentage of customers under a new “super-user electricity surcharge,” designed to penalize energy guzzling and encourage conservation.”
If you’re looking into going solar and are already paying your electric company hundreds of dollars per month, we’d like to help you out as bill increases loom. The deadline for the Solar Investment Tax Credit is approaching. The credit that can be claimed on your federal income taxes is for 30 percent off the total cost of your PV system, after rebates and coupons have been applied. In order to qualify, you will need to have your PV system completely installed by December 2016. If you decide to go solar before Oct. 31, Aztec Solar can guarantee your installation by Dec. 31, allowing you to take advantage of the 30 percent federal tax credit.
A signed contract or project that’s underway won’t qualify for the credit; only completely installed and ready-to-use panels will qualify for the credit.
If you’re planning to install solar soon, we want you to be able to take full advantage of the tax credit. Our installation appointments are filling up quickly. Call today to book your appointment! (916) 853-2700.