Living in the Greater Los Angeles Area, you are eligible for top notch incentives, net metering and with a 30% tax credit solar is financially an advantage to the homeowner.
Payback periods for installing solar panels are usually between 5-7 years (considering the minimum warranted life of solar panels are up to 25 years). LADWP offers lower electricity rates than the investor owned utilities, in other words...it pay's to own.
With threats to net metering being made daily, all California residents need to get into solar before these brilliant incentives disappear. It is also important to remember that the 30% Federal solar tax credit only has a couple of years to run as well.
Also called solar modules, solar panels are made up of silicon “cells” that absorb photons (sunlight) to create a photovoltaic (PV) effect that converts sunlight into electricity. A solar array is connected to your home via an inverter, delivering the electricity you need.
A solar inverter is the electrical box that turns direct current (DC) electricity produced by solar panels into alternating current (AC) electricity that you use in your home. Grid-tied solar inverters allow this AC electricity to be sent back to the grid if you produce more energy than you use.
The solar meter monitors the electricity your system produces to ensure it is working well. With Solar Spectrum, you can access your system’s performance online and from your mobile devices, anywhere.
When your solar system generates more electricity than you use, like during the daytime, you receive credit from your utility. This credit is called Net Metering and you may even see your meter run backwards. When you use more electricity than you generate, like at night, you draw it back off the grid and subsequently reduce credits associated with your Net Metering.
The grid is a network of power lines that carries and transmits electricity from power plants to individual homes. Solar Spectrum systems are “grid-tied” (or connected to the grid) so you can still power your house when the sun doesn’t shine and take advantage of available tax incentives and rebate.
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