Effective 2022 California is not offering any state-specific solar tax credit, but it does offer property tax exemptions for new solar installations. People who install solar panels on their home early in the year will still qualify for California’s current Net Energy Metering (NEM) 2.0, but sometime in May or June, all new residential systems will fall under NEM 3.0. The Public Utilities Commission has yet to vote on a final version of NEM 3, but it’s likely to include a reduction in compensation for excess solar energy and might also come with increased fees on solar owners. Depending on where you live you may qualify for rebates or incentives from your local utilities and counties. These incentives are always changing, which is why it is important that you speak with our knowledgeable Riverside County solar installation experts who can update you on all of your potential savings.