Solar water heating rebate amounts for multifamily properties
Rebate amounts for solar water heating systems are based on how much energy your system is expected to displace over the course of one year. If you install a solar thermal system for process heat, cooling, space heating or a combination, your rebate will be a performance-based incentive (PBI) based on the actual metered performance of the system and will be paid quarterly over two years. CSE administers the CSI-Thermal rebate program in the San Diego Gas & Electric service territory.
Up to $800,000
Natural Gas Customers
Up to $250,000
Electric and Propane Customers
Up to $500,000
Solar Pool Systems
30% Federal Tax Credit
In addition to rebates offered through the CSI-Thermal Program, you also may be able to claim a federal tax credit for up to 30% of the cost of your new solar water heating system, including equipment and installation. For questions regarding the tax credit, speak with your company’s tax professional.
Accelerated Depreciation
Additionally, your company may be eligible for accelerated depreciation on your investment.