A bill that would have created a long-term energy storage subsidy in California may have gotten the ax this summer, but the industry is still optimistic about what’s next.
Consumer Incentives and Credits
Bill SB700 sought to create a new set of incentives for those who wanted to move away from the grid and engage in clean energy generation and storage in the state. It would have created a so-called “market certainty,” which would have provided for a clear and established path forward toward new policies.
Among these policy changes would be the implementation of credits, or incentives, toward the installation and upkeep of storage systems.
Lawmakers and industry leader agree this is key to helping California achieve a 50% renewable, clean energy mandate by the year 2030.
It is essential that storage and incentives to install such storage be a part of any conversation which drives the state more toward renewable energy freedom, and while SB700 is done for now, that conversation — and the push for new energy storage policy changes in Sacramento — will continue.
Going Solar is Affordable and Easy!
You can count on Infinity Solar, Inc of Orange to make the process of going solar affordable and seamless.
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.
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.
Contact Infinity Solar, Inc of Orange today for a FREE Solar Consultation Quote — and start harnessing the sun for all your energy needs.