Although many of the statewide incentives under the CSI will still continue, the highly popular San Diego solar rebate is coming to an end. It’s still possible to qualify for the program under certain circumstances, but for all intents and purposes, the money is gone.
So what does this mean for you?
Have you missed out on a great opportunity to go solar at incredible prices?
Yes and no.
Those who took advantage of the San Diego solar rebate program obviously got some very good deals. There’s no denying that.
Even without a Rebate, Now Is the Ideal Time to Go Solar in San Diego
The rebate was designed to encourage solar adoption and make new installations as affordable as possible. And the program accomplished these 2 goals with remarkable success.
Installing a new solar photovoltaic (PV) system today is cheaper than it would have been 5 years ago – with or without the San Diego solar rebate.
Due to overwhelming demand for new solar installations (both in San Diego and around the world), the cost of PV panels has plummeted – more than 80% in the past 5 years alone.
This explosion in solar installations has also helped introduce a range of financing options and technological innovations that didn’t exist when the San Diego solar rebate was first introduced.
In other words, with today’s solar installations, you pay less money to generate more energy per square meter.
Lastly, San Diego electricity prices have increased steadily over the past several years. Just this year alone, prices are slated to rise by as much as 30%. These utility price hikes have helped make the relative cost of installing solar panels substantially cheaper.
Putting San Diego’s Expired Solar Rebate into Perspective
There’s nothing more frustrating than missing out on a great deal. We’ve all done it.
- arriving at the store 1 day after the big sale
- trying to use coupons only to discover that they expired last week
But in many ways, those who install solar panels now actually get a better deal than those who first joined San Diego’s solar rebate program.
Compared to early adopters:
- You pay less (overall) for your new installation – especially upfront
- You generate more clean energy (overall)
- You enjoy greater electricity bill savings
Early adopters used the San Diego solar rebate because they had to. On its own merits, solar technology simply wasn’t competitive enough with grid electricity.
But in 2013 (and beyond), solar energy isn’t simply competitive – it’s an irresistibly attractive investment vehicle that pays guaranteed dividends for the next 25 to 40 years.
Now is the perfect time to go solar in San Diego. To learn how Sunline Energy can help, contact us today for a free consultation.