Home >> Solar Government Incentives

There are a number of federal, state, and local incentives available to make solar power a great investment. Since solar rebates differ considerably throughout the United States we offer state-specific incentives that can be found by choosing your state from our solar map. There you will find a comprehensive source of information on state, local, utility, and federal incentives that help lower solar costs. Below is a summary of the federal solar incentives that are available to you.

Residential Federal Tax Credit:
For all residential solar electric and solar hot water systems there is a tax credit equal to 30% of the total installation cost, with no maximum limit.

Commercial Federal Grant:

For all commercial solar electric and solar hot water systems there is a federal grant equal to 30% of the total installation cost, with no maximum limit. This grant is issued by the Treasury Department and paid within 2 months of the completion of your solar power project.

Federal Accelerated Depreciation:

Under the Federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover investments in certain property through depreciation deductions. The MACRS establishes a set of class lives for various types of property, over which the property may be depreciated. A number of renewable energy technologies are classified as five-year property under the MACRS, often known as the energy investment tax credit or ITC to define eligible property. Before calculating depreciation for such a project, the adjusted basis of the project must be reduced by one-half of the amount of the energy credit for which the project qualifies.