
GOING GREEN MEANS-SAVING GREEN! We Offer: Residential and Commercial Solar Pool Heating Residential and Commercial Solar Water Heating Residential and Commercial Solar Electric systems State of How much is the The California Solar Initiative currently offers a rebate of up to $2.50/watt for residential systems. (This rebate amount will go down as more systems are installed.) If you install a 2W system, that would mean a rebate of $5,000. One advantage of Solar Santa Monica is that our Package Providers have agreed to do the work and charge you a price that already takes the rebate into consideration. That is, you’ll pay the discounted price without waiting for the rebate! What is the Federal Tax Credit? President Bush’s Energy Bill of 2005 established a tax credit of 30% of the cost of the solar installation, up to a total of $2,000 for an individual tax payer. If you install both a solar electricity system and a qualified solar thermal (hot water) system, you may be eligible for two credits totaling $4,000. A business gets a 30% credit with no dollar limit. The tax credit was recently extended through 2008. Check with your tax advisor to be sure you can take advantage of the credit. Will the value of my home go up when I install my solar system? A frequently cited study done by the Appraisal Institute says that a home’s value increases by $20 for every $1 reduction in annual utility bills. If your new system saves you $500 a year, that would mean the value of your property would increase by $10,000. If I improve my home by adding a solar system, won’t my property taxes go up? Good news! Section 73 of the California Revenue and Taxation code exempts solar electric systems from increasing your property tax, at least through 2009. Of course, adding value to your home means you may need to review your property insurance coverage. Is financing available? The most common financing is through a mortgage loan – either a home improvement loan or a home equity line of credit. Solar-AM Construction has also made arrangements with some financial institutions to offer specialized “energy loans” to its participants. Phone: (310) 393-1582 E-mail: info@solar-am.com
Our moto is Honesty, Integrity, and Quality Workmanship
Solar-AM Construction is a California-based design-build firm specializing in Solar Hot Water, Solar Pool Heating and Photovoltaic (Solar-Electric) Power Systems for Commercial, Industrial and Residential applications. Our approach brings continuity to your Solar project and includes system design, procurement, installation, interconnection and commissioning. As a privately owned and operated entity, Solar-AM Construction has installed Solar systems in Los Angeles county since inception in 1985. We offer complete accurate customer support and guarantee that systems installed by us operate and perform to your expectations.
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