There are many benefits by installing solar system at your place, you actually get a rebate from your utility company as well as tax credit but the most important you property value is going up tremendously. And of course not to forget that your electricity is FREE from the SUN.

Property Value
“The great thing about investing in home improvements is that you increase the value of your home while you enjoy the tangible benefits of your investment on a day-to-day basis.
“Instead of paying the utility company every month you’ll be paying down your home equity account and rebuilding your equity. But that’s not the only financial advantage. When it comes to home value, a solar power system may be your best “remodel” option. Based on a recent study by ICF Consulting (funded by HUD and the EPA) energy saving measures such as solar can add $20 of home value for every $1 of yearly energy cost savings. That makes an already bright idea really shine. Click here to read a full article from Wells Fargo Loan Department.

Rebates and Tax Credit

Rebate:

LADWP
The one time incentive payment is based on the estimated 20 year output of the solar PV system. System output is calculated using the U.S. Department of Energy, National Renewable Energy Laboratory (NREL) PVWatts version 2. The LADWP currently is providing residential customers an incentive of $.14/kWh for qualified PV equipment. For more detail go to LADWP

S. C. Edison
Systems less than 100 kW are eligible for the Expected Performance Based Buydown (EPBB) incentive. Or, you can elect to receive Performance Based Incentive payments in lieu of the EPBB incentive. Homeowners’ maximum incentive of $2.50 per Watt, to check the availability and the current incentive. For more detail go to S. C. Edison

For other Utilities Companies Dsireusa.org

TAX CREDIT
Personal Tax Credit - $2,000 for solar electric.
For More Details