Major changes in the solar industry have taken place in the past decade. Solar energy systems are now far more efficient and affordable. Streamlined solar panels are a lot more attractive and durable. In addition, a growing number of individuals and government organizations are more aware of how important it is that we steer away from fossil fuel use and more in the direction of sustainable energy use. As a result, multiple solar rebates are available through federal and local governments. For these reasons and more, a Bakersfield solar energy installation makes more sense than ever before.

A growing number of individuals are aware of the environmental damage conventional energy use causes. While most would like to switch to a sustainable form of energy, financial incentives are imperative especially in today’s economy. Fortunately, solar financial incentives are far reaching and have made Bakersfield solar panels an attractive option for many Californians.

Federal, state, local, and utility solar rebates can offset the cost of a solar system by 50 percent and are often enough to persuade homeowners to go solar. Why are federal, state, and local governments investing in solar? Many government bodies now recognize that solar technology is beneficial to economic development, decreased dependence on foreign energy sources, fuel diversity, and providing a sustainable energy solution. As a result, it is a great time to take advantage of the many solar incentives currently available. Many of these rebates have ceilings as far as how much money is allocated to each program. If you are thinking of going solar, it is a good idea to take advantage of solar rebates as soon as possible.

Of course, a long-term financial benefit of installing solar panels includes the amount you will save on your utility bills. Over a short period of time, you will be able to save a small fortune on energy expenses. It will benefit you to take advantage of California’s net energy metering (NEM) program. Under NEM, the electric meter that you currently use will continue to keep track of how much electricity your home consumes. At the same time, it will track the amount of excess energy generated by your solar energy system. You will only have to pay for the net amount of energy provided by your utility company or receive credit (or a check) at full retail rates if your solar system produces more energy than your home uses in a year. This system allows many homeowners to zero-out their utility bills and, in some cases, make money from their solar systems.