California approves $350 million in rebates for solar water heating installations
February 1st, 2010
Novato-based solarCraft, the North Bay leader in solar Electric and solar Thermal installations, is pleased to announce that the California Public Utilities Commission (CPUC) has approved a $350 million dollar rebate program to encourage state residents and businesses to install solar water heating to save money and reduce greenhouse gas emissions. Combined with the current 30% Federal Tax Credit, that means savings of up to 60% on the cost of solar domestic water heating installations. The program’s goals are to see over 300,000 systems installed over the next 8 years, saving California residents nearly 6 million cubic feet of natural gas and 3 million kilowatt hours of electricity annually, while creating thousands of jobs.
Recent Comments