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Tax Incentives and Rebates

Tax Incentives & Rebates

On top of being able to take advantage of electricity savings, net metering, and receiving SRECs (Solar Renewable Energy Credits) production income, you also get to take advantage of the federal and state tax incentives.

As of January 1, 2009, all solar electric and solar thermal installations are eligible for:

  • 30% federal tax credit on the net cost of your system – uncapped.
  • 15% state tax credit capped at $1000

An additional moderate income or moderate home value adder is applied where if the homeowner makes equal to or less than the average in their specific county or if the home is valued at or below the average value in that particular county, they are eligible for an additional $2000.