People installing solar panels in the United States are allowed to receive up to 30% of the solar installation cost in the form of tax credits. This is not the end of the sweet offer as two senators have proposed a new bill that would offer rebates to cover up to 50% the cost of 10 million new solar arrays and 200,000 solar water heating systems.

The “10 Million Solar Roofs and 10 Million Gallons of Solar Water-Heating Act of 2010″ is proposed following the Million Solar Roofs program launched by California’s Governor Arnold Schwarzenegger that has established the state as a solar energy leader in the United States.

Jeff Wolfe, co-founder and CEO of the Vermont-based solar company groSolar, said the bill would “help make America energy-independent while creating many thousands of good-paying jobs,” according to a news release published by the solar trade association.

You may want to find the related article about the new bill here.