Solar Installation – San Francisco Bay Area

Every home is unique. There is no ‘one size fits all’ solar system or solar finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that we can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow. Let us show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

WHY GOLDEN BEAR SOLAR?

• Flexible Financing with little to no money down.
• Rent or Own your equipment – the choice is yours.
• Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
• Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

Zero-Down Loan or Lease – you decide what financing is best for you. We will guide you all the way.

• No money up front, complete solar satisfaction.
• Loan or Lease

Extended Warranty for Peace of mind

• 24/7 system monitoring is comprehensive.
• Easy Process

Quick, Simple & thorough

• Uncomplicated steps put solar in your home for as little as zero down
• Our customer service platform is the best in the industry with the highest touch service to our clients

Start the process today …Get a personalized solar quote today.

Solar Financial Incentives in San Jose and throughout the Bay Area

For your Residential Solar Financing in San Jose, the Golden Bear Solar programs can save you money while ensuring that the process is easy for you. In addition,  Golden Bear Solar can help you save additional money on a  Solar Power Systems installed in the Bay Area through several other incentive programs.

The Investment Tax Credit (ITC) is currently a 30 percent federal tax credit claimed against the tax liability of residential (Section 25D) and commercial and utility (Section 48) investors in solar energy property. The Section 25D residential ITC allows the homeowner to apply the credit to his/her personal income taxes. This credit is used when homeowners purchase solar systems outright and have them installed on their homes. In the case of the Section 48 credit, the business that installs, develops and/or finances the project claims the credit.

Here’s how the Solar Investment Tax Credit (ITC) actually works?

A tax credit is a dollar-for-dollar reduction in the income taxes that a person or company claiming the credit would otherwise pay the federal government. The ITC is based on the amount of investment in solar property. Both the residential and commercial ITC are equal to 30 percent of the basis that is invested in eligible property which have commence construction through 2019. The ITC then steps down to 26 percent for projects that begin construction in 2020 and 22 percent for projects that begin in 2021. After 2021, the residential credit will drop to zero while the commercial and utility credit will drop to a permanent 10 percent.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

You already know this, but Solar Business Is Thriving

According to a report by Environment California. California’s solar market is thriving. Ten years ago, solar panels atop roofs were a rarity. Today, solar is taking hold in cities across California, from coastal metropolises such as San Francisco, to agricultural and industrial hubs in the Central Valley. In the past two years alone, the solar industry has installed more than doubled the amount of solar generation.

Solar energy makes sense for California. Each new solar panel helps to clean our air, fight global warming, improve the reliability of our electricity grid, boost the economy, and create much-needed jobs.

California has just begun to tap into the vast potential of solar energy. Governments, utilities and the public should continue to work together toward a clean energy future.

Solar cities are the heart of California’s thriving solar market.

• San Diego leads all California cities in terms of the number of solar installations on residential, commercial and government buildings, with more than 4,500 projects installed. San Diego also leads the state in terms of overall solar generation capacity, with nearly 37 megawatts (MW). If San Diego were a nation unto itself, it would rank among the top 25 nations in the world in terms of solar capacity, with more solar power than the entire nation of Mexico.
• Los Angeles ranks second, with more than 4,000 solar installations adding up to more than 36 MW of power generation capacity.
• San Jose ranks third, with more than 2,700 solar installations and 31 MW of solar electric generation capacity.
• In addition, Oakland, Fresno, Bakersfield, Santa Rosa, Roseville, Clovis and San Francisco all have more than 1,000 solar installations. In terms of generation capacity, Fresno, San Francisco, Bakersfield, Sacramento, and Santa Rosa all have more than 10 MW installed.

California’s solar market is geographically diverse. Solar installations are taking hold from coastal urban centers to mountain communities to towns in the Central Valley.

• Among cities with at least 50,000 residents, Santa Cruz, Clovis, Rocklin, Davis, Watsonville, and Roseville have the most solar installations per resident. Chico, Woodland, Rancho Cordova, Livermore, and Petaluma have the most solar generation capacity per resident.
• Among large towns, with between 10,000 and 50,000 residents, Sonoma (Sonoma County), Grass Valley (Nevada County) and Auburn (Placer County) have the most solar installations per resident. Sonoma, Auburn and Oroville (Butte County) lead in terms of solar capacity per resident.
• Solar has reached its greatest penetration per capita in the northern Bay Area, the Sierra foothills, and the Central Valley. The small towns of Sebastopol (Sonoma County), Newcastle (Placer County), and Nevada City (Nevada County) lead the state in terms of number of solar installations per resident. Herald (Sacramento County), Edwards Air Force Base (Kern County), and Lebec (Kern County) lead the state in terms of solar capacity per capita.

Despite the development of thriving solar markets in cities across the state, California has only just begun to capture its tremendous potential for solar power.

• The National Renewable Energy Laboratory estimates that the state could host more than 80,000 MW of rooftop solar in total – enough to generate more than a third as much electricity as California uses in a year.
• California has installed more than 1,000 MW of solar capacity on residential and commercial rooftops. Despite this substantial progress, vast potential remains to be developed.

California should continue to build the strength of its solar energy market.

Key steps include:

•    Increase the use of solar energy systems in new construction by requiring all new homes to include solar power or other on-site renewable electricity generation by no later than 2020, and all new non-residential buildings by no later than 2030, through a net-zero energy building code requirement.
•    Adopt a strong feed-in-tariff policy to encourage solar power installation on warehouses, parking lots and other sites with low on-site energy demands but high levels of sunshine.
•    Maintain or enhance the incentive value of net metering and lift the cap on its use to allow all California ratepayers to benefit from going solar.
•    Remove barriers to installing solar energy systems at the local and state levels by streamlining interconnection and permitting.
•    Finally, California should continue to set ambitious clean energy goals – such as Governor Jerry Brown’s goal of installing 12,000 MW of distributed electricity generation in California by 2020 – and adopt innovative policies to achieve them.

To take advantage of Residential Solar PV Systems for your home … Golden Bear Solar makes sense … Contact us for a no obligation quote!