Reasons To Get Solar Now, Bright Future Solar Energy!

We have some big news to all our current and future solar clients! Below are some important reasons to consider investing in new solar projects for you and/or to refer some friends and family.

On a positive note, as of August 16, 2022 when the Inflation Reduction Act was passed, the solar tax credit increased to 30% from a previous 26%. This applies to all 2022 and future solar projects for the next 10 years. Also, this bill allows for an additional 10% tax credit (or 40% total tax credit) for solar projects that are comprised of at least 40% or more USA made products. This means more cash into your pocket!
You can read more about the bill here.

Unfortunately, when NEM (Net Energy Metering) 3.0 is implemented (est ~April 2023), it could cut the value of solar credits with CA utility companies by up to 75% for all new solar installs, as well as add additional monthly solar fees to new solar customers, which could equal up to $100 dollars. If interested, it is important to act fast to beat this timeline to help gain NEM 2.0 from the utility. Rest assured, if you already have NEM 2.0 (or earlier) secured, this change will not affect you although there are some moves you may want to make to ensure you have a long term NEM 2.0 (vs NEM 3.0) standing with your utility.
You can read more about the changes from NEM 3.0 here.

If you are interested in looking into a new solar project, please contact us about details as to what you are looking for and your contact information and we will reach out within a couple of business days to determine the next steps. Our purchase options are flexible, with the option to either lease, finance or pay cash with solar systems starting in the low $13K range. If you know someone who is interested, there is a finder's reward of 2% (maximum of $500) of the project if you refer them to us and they complete a solar project with Bright Future Solar Energy!