By: Logynne Cochran
The Committee of Environmental Issues has stumbled upon a highly abysmal complication:A tax incentive designed to encourage homeowners and businesses to purchase and install solar panels and battery storage systems is set to expire in 2027. The typical household in the U.S. utilizes 29 to 30 kilowatt hours (kWh) of energy per day. Putting a cease on California’s main fiscal incentive on clean energy was a problem the committee knew they had to tackle, along with the fact that homeowners may have a higher property tax with no benefits by 2027. How the committee intends to solve this problem is by not only permanently extending the incentive, but also having the incentive save 75% of energy payments on property tax so homeowners get benefits while also contributing a quarter of what non-solar panel users pay to California’s state tax funds.
This will be highly beneficial to California’s clean energy efforts specifically. This puts a fiscal incentive on Californians to use the MOST accessible source of clean energy in California while also maintaining tax payer dollar income to the state government; overall benefiting and creating a better taxpayer-government relationship. In conclusion, this committee plans on extending the tax incentive that benefits everyone.




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