Financing such a big project may seem daunting, but don’t worry, it’s more affordable than you think! We strongly believe that everyone in San Diego should go solar, so we’ll work with you to make sure that you get what your home needs and are more than comfortable with a plan that is suited for your financial means.
Purchase vs. Lease
There are many financing options for a solar system these days that there just isn’t a good reason to lease a system. Whether you pay cash or finance through a loan, purchasing your system is the best way to go. If you’re interested in a discussion comparing your financing options, read on…
While the state rebates for solar in California have been depleted there are still a few programs out there to help defray the cost of solar storage. The SGIP, or Self-Generation Incentive Program, still offers rebates for battery storage.
The initial funding allotment for SDG&E customers ran out recently but the state legislature just allocated another $600M to the program to extend it to 2026. It’s not clear how the money will be allocated or how much it will reduce the cost of each battery system but help is coming!
It Pays to Have Friends.
When you share your love for solar with your friends, neighbors, and family, you can earn cash back! Looking into the future, we strive to maintain lasting friendships through 100 percent customer satisfaction.
We want to reward our neighbors for their constant support by giving them a referral bonus for each friend who also chooses Sungenia. Our referral fees are based on the size of the referred project and sent out automatically at the end of the month of completion. Just make sure your friend lets us know who referred them, and we’ll take care of the rest!
$250 for <7.5kW
$500 for >7.5kW
(Cannot be used in conjunction with other promotions. Referrals and exceptions must be approved and at the sole discretion of Sungenia.)
The federal solar tax credit this year is 26% and will go down to 22% in 2021. Starting in 2022, there will no longer be a tax credit for residential systems. However, the sum of credits can be rolled over to following years if unused in the first year. The solar credit is easy to get and is done on a single 5695 Form you file with your regular income taxes.