Los Angeles Solar Power Incentive Program Thrives
Los Angeles Department of Water and Power (LADWP) is providing incentives for solar power, solar panels and solar roofs for new solar installations in LA county.
Go Solar LA Initiative
The state of California has a bold SB1 “Million Solar Roofs” legislation to help reduce the dependency on fossil fuels and go green. LADWP wants to help fulfill this bold mission of one million solar roofs by reducing the cost of installing solar PV systems for local customers. “Our goal is to spark the installation of reliable, well-designed solar generating systems throughout the city and to help establish a robust and viable solar PV industry in Los Angeles.”
Highlights of the LADWP Solar Energy program
- Maximum of 75% of project costs for residential installations and up to 50% for commercial systems can be covered.
- Maximum system size for incentive payment is 1 MW AC per site, or per government, or per corporate parent per year.
- 2 MW AC may be reserved depending on fund availability.
Los Angeles Solar Panels and Solar Power Incentive Status Update
- LADWP has already paid approximately $257M in rebates. Additional $44M in rebates is remaining (source: LADWP Solar Incentive Program)
Los Angeles Solar Energy Incentive will decrease over time
The Los Angeles Solar Incentive Program is progressive. When certain installed megawatt (MW) targets are met, the incentive levels decrease. All incentives are adjusted for expected performance. Bonus incentives are provided to non-residential systems if they utilize equipment manufactured in LA or if the systems is building-integrated PV.
Bottom line: LADWP’s $313 million Revised Solar Photovoltaic Rebate Program began in 2007 and will remain in effect for 10 years through December 31, 2017, or until the total installed MW goal has been reached. Now is a great time for LA homeowners and commercial owners to take advantage of this amazing incentive.
Aikyum Solar will help you design, finance, apply for, install, maintain and monitor your complete solar system in Los Angeles County cities. Best part, Aikyum Solar is offering $0 down and extremely low rate financing for all our new solar systems.
Contact us today for a FREE Quote and don’t miss this golden opportunity provided by LADWP.
Testimonials from a few of our customers:
“I have been very happy with the whole experience and Aikyum will get my unbridled recommendation in the future.”
– Arun Jain
“I reached out looking for someone to repair my system after a roof install and was incredibly impressed by how attentive Harina and her service tech Joey were in not only getting my system back in order but going above and beyond by contacting the manufacturer after the two inverters failed to operate. I would absolutely use them again in a heart beat, for any future solar needs. Thanks again Aikyum Solar.”
– Celso G.
“Harina patiently met with us several times to help me understand the details of solar and to suggest approaches that no other bidder had proposed. Her installation team was punctual, courteous and efficient.”
– Carol R.
“Working with Aikyum was extremely easy and streamlined. Harina and her team took care of everything from permitting, to HOA approvals, to final notices to the city and HOA.”
– Apur L.