Federal, state, and local authorities offer great financial incentives to get homeowners to go solar. These incentives can reduce the upfront cost by over 66%.
Federal tax credits
The federal government provides a 30% income tax credit for solar property. For example, if you have a $10,000 solar system, you get a tax credit for $3,000. There is no limit on the tax credit and you can carry it forward up to 20 years in case you don’t have a tax liability this year.
Local rebate programs
Many states, cities, and utility companies have created various incentive programs but the amounts vary by program.
You can view more information on federal and state incentives at dsireusa.org and also check out the rebates in the markets we serve: