The easiest way to find out how much you pay for electricity (and how much electricity you use per month) is to take a look at your utility electricity bill. Solar almost always is a wise investment as you lock in your electricity rates and protect against future increases from your utility. Consuming your own electricity dramatically reduces your bill. Reach out to the Sunvault team to determine the specific ROI for your home.

Solar rebates and incentives vary depending on where you live. The most significant incentive is available nationwide — it is the 30% federal investment tax credit (ITC), which allows you to deduct 30% of the cost of your solar energy system from your taxes. Some states offer additional tax credits, and certain municipalities and utilities offer cash rebates or other incentives.

Net metering is the system utilities use to credit homeowners with solar for the electricity their solar panels produce. With net metering 3.0 in California, export rates are lower than the import rates. Therefore, while it compensates you for the exported electricity there is a greater benefit for homeowners to pair battery storage with their solar panels to become more self-sufficient and contribute to a more resilient electricity grid.