My wife and I decided to go Solar. About two months ago we started talking to a series of companies in the South Bay Area in and around San Jose, CA, where we live. We have selected one company to work with and we will soon sign the contract and if all goes well, about 2 months from now we will use the sun to produce energy and as a nice benefit, hopefully eliminate our electricity bill completely.
We opted for a 2.6kW system (AC) which will use an inverter rated for up to 3.0kW (DC). That means we can later add a few panels easily once we get more money and/or the system's capacity is not sufficient for us.
The system price before any rebates or tax incentives is approx. $21,000. Rebates will take the biggest edge off at roughly $5,400. On top of that there is a tax credit of $2,000 which we can claim with our tax return at the end of the year. Doing the math we roughly have to pay $13,400 for the entire system. I have heard through one of the companies that gave us a quote that there is the possibility for legislation to be passed which will increase the tax credit. But for now we assume a $2,000 credit and go with that. Can't wait for the system to be up. Will post pictures once the work has started.
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