Solar Incentives - Second Sunrise Solar

Information updated as of July, 2023. Offers and information may have changed. Reach out to our team for the most updated information.

ARKANSAS

Federal Solar Tax Credit (ITC) (30%)

Arkansas residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill. Although net metering is not mandatory in Arkansas, many providers take advantage of it and offer fair rates.

Commercial Loan Programs

For government and commercial solar installations in Arkansas, there are various programs to help improve overall rates and availability of funds.

ARIZONA

Federal Solar Tax Credit (ITC) (30%)

Arizona residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Arizona Residential Solar Energy Tax Credit

Homeowners can claim a tax credit for 25% of the system cost or $1,000, whichever amount is lower.

Property Tax Exemption

Arizona residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

Arizona homeowners are exempt from paying sales tax on their solar energy system.

CALIFORNIA

Federal Solar Tax Credit (ITC) (30%)

Arizona residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Arizona Residential Solar Energy Tax Credit

Homeowners can claim a tax credit for 25% of the system cost or $1,000, whichever amount is lower.

Property Tax Exemption

Arizona residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

Arizona homeowners are exempt from paying sales tax on their solar energy system.

COLORADO

Federal Solar Tax Credit (ITC) (30%)

Colorado residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

Colorado residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

Colorado homeowners are exempt from paying sales tax on their solar energy system.

Cash Rebates

EnergySmart Colorado: Receive a cash rebate between $400–$2,500, depending on your location.

Holy Cross Energy: This cash rebate incentive is calculated per kilowatt, and you can save as much as $3,000.

CONNECTICUT

Federal Solar Tax Credit (ITC) (30%)

Connecticut residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

Connecticut residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

In Connecticut, you can receive a state sales tax exemption of 6.35% on purchasing a home solar system.

Renewable Energy Certificate (REC)

[EVERSOURCE ONLY] The netting incentive rate is the current retail rate + a quarterly Renewable Energy Certificate (REC) payment of $0.0318 per kWh. This rate is set by the state and remains the same for 20 years.

Energy Efficiency Loan Program

The Connecticut state government offers loans for eligible families to purchase solar energy systems. These loans can amount to $40,000 for 5-12 years at interest rates between 4 percent and 7 percent. None

USDA REAP GRANT

REAP helps agricultural producers and rural small businesses reduce their energy costs and consumption by providing loan financing and grant funding to purchase and install renewable energy systems. Eligibility for the REAP program depends on you being an agricultural producer, with at least 50 percent of your gross income coming from agricultural operations and small businesses in eligible rural areas.

C-PACE Financing Program

The CT state government offers access to financing for energy-efficient power systems and upgrades through the C-PACE financing program. This program allows property owners to finance their purchase of solar energy systems and to pay back the money owed through a voluntary property tax assessment. While it may not lower the cost of going solar, it can be a great means of financing for homeowners that can’t take out traditional loans

DELAWARE

Federal Solar Tax Credit (ITC) (30%)

Delaware residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Commercial Loan Programs

For government and commercial solar installations in Delaware, there are various programs to help improve overall rates and availability of funds. Some of these can help with loans over $100,000.

Delaware No Sales Tax

The state of Delaware does not have sales tax, so you will save yourself hundreds, if not thousands of dollars on sales tax.

Solar Renewable Energy Certificates (SRECs)

SRECs are another way you can earn money from solar generation. Homeowners earn one SREC for every 1,000 kilowatt-hours of electricity generated. DE SRECs are tiered in Alpha, Beta, or Gamma with the bid price per SREC being paid for the first ten (10) years.

Delmarva Rebate (Green Grant Delaware)

Rebate of $.70/W up to $6,000

Delaware Electric Cooperative: Green Energy Program Incentives

The Delaware Electric Cooperative Green Energy Program Incentives are for Solar Thermal, PV, and even Geothermal energy solutions. With the PV system, expect $2,000 for Class A and $2,500 for Class B.

Newark Municipal Rebate (Municipal Green Energy Grant)

Rebate of $1.00/W for systems <5kW and $0.50/W for systems 5-25kW, up to $3,500

FLORIDA

Federal Solar Tax Credit (ITC) (30%)

Florida residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Property Tax Exemption

Florida residents are exempt from paying property tax on their solar energy systems despite increased home value.

Property Tax Abatement

There is an 80% property tax abatement for non-residential renewable energy property.

Sales Tax Exemption

Florida homeowners are exempt from paying sales tax on their solar energy system.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Local Utility Rebates

Specific counties and utility companies offer rebate programs to purchase and install solar energy systems.

USDA REAP GRANT

REAP assists agricultural producers and rural small businesses to reduce their energy costs and consumption by providing loan financing and grant funding to purchase and install renewable energy systems. Eligibility for the REAP program depends on you being an agricultural producer, with at least 50 percent of your gross income coming from agricultural operations and small businesses in eligible rural areas.

GEORGIA

Federal Solar Tax Credit (ITC) (30%)

Georgia residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Jackson EMC Rebate

Eligible homeowners can receive $250 per kilowatt installed on their homes, capped at $2,500.

IDAHO

Federal Solar Tax Credit (ITC) (30%)

Idaho residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Residential Alternative Energy Tax Reduction

The Residential Alternative Energy Tax Reduction program allows homeowners to write off up to $20,000 of their solar system as a tax deduction. This program requires you to split up your deduction over several years, but it can be a very beneficial way to save money through the years on solar installation.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill. Idaho does not have a statewide net-metering policy. However, each of the state’s three investor-owned utilities — Avista Utilities, Idaho Power and Rocky Mountain Power — have a net metering tariff on file with the Idaho Public Utilities Commission (PUC). Many smaller utilities also offer net metering.

Commercial Loan Programs

For government and commercial solar installations in Idaho, there are various programs to help improve overall rates and availability of funds. Some of these can help with loans up to $100,000.

ILLINOIS

Federal Solar Tax Credit (ITC) (30%)

Illinois residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Property Tax Exemption

Illinois residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

Illinois homeowners are exempt from paying sales tax on their solar energy system.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Illinois Shines

This is a Solar Renewable Energy Credit (SREC) program that is sometimes referred to as the Adjustable Block Program. For every 1,000 kilowatt-hours produced by your solar panels, you will get one SREC. Your credits can then be sold to local power companies. Below 10KW: $67/SREC. Above 10KW: $61.02/SREC.

Illinois Solar For All Program

Low-income households can purchase solar panels with zero upfront costs. However, these households will pay a fee to the solar panel vendors for energy produced.

ComEd Solar Rebate

Nonresidential systems can receive a rebate of $250 for every kilowatt of solar energy capacity. This rebate maxes out at systems with capacities above 2,000 kW.

USDA REAP GRANT

MARYLAND

Federal Solar Tax Credit (ITC) (30%)

Maryland residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Solar Renewable Energy Certificates (SRECs)

SRECs are another way you can earn money from solar generation. Homeowners earn one SREC for every 1,000 kilowatt-hours of electricity generated. Washington D.C. DC SRECs are some of the highest-valued in the country, selling at upwards of $450.

Residential Clean Energy Program

The Maryland Energy Association offers a $1,000 rebate per residential project. For more information, see the Residential Clean Energy Program section below.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

Maryland residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

Maryland homeowners are exempt from paying sales tax on their solar energy system.

Local Property Tax Credits

Maryland’s property tax code provides local governments the option to allow a

property tax credit for buildings equipped with a solar, geothermal or qualifying energy conservation device.

Counties that offer such tax credits include Baltimore, Harford, Prince George’s, and Anne Arundel.

MASSACHUSETTS

Federal Solar Tax Credit (ITC) (30%)

Massachusetts residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

MA State Income Tax Credit:

Lesser of $1000 or 15% of project’s cost

Property Tax Exemption

Massachusetts residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

Massachusetts homeowners are exempt from paying sales tax on their solar energy system.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill. Net Metering is capped if system is over 10kW AC.

Solar Massachusetts Renewable Target (SMART) Program

Massachusetts’ SMART program is similar to Solar Renewable Energy Credits (SRECs) available in other states. It allows homeowners to receive payments from their utility company for every kilowatt-hour (kWh) of solar power they create for 10 years. $15.50/REC.

Taunton Municipal Lighting Plant (TMLP) Solar Rebate

$1.50 per DC Watt up to a max of $4,500.

MAINE

Federal Solar Tax Credit (ITC) (30%)

Maine residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Home Energy Loans

The state will help finance your solar energy system purchase with a relatively inexpensive loan through Efficiency Maine’s Home Energy Loan program. As a Maine homeowner, you can borrow as much as $15,000 for up to 15 years. Interest rates are as low as 4.99%.

MICHIGAN

Federal Solar Tax Credit (ITC) (30%)

Michigan residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Property Tax Exemption

Michigan residents are exempt from paying property tax on their solar energy systems despite increased home value.

Commercial Loan Programs

For government and commercial solar installations in Michigan, there are various programs to help improve overall rates and availability of funds. Some of these can help with loans up to $100,000.

Michigan Saves Loan Programs

The Michigan Saves loan program will help homeowners secure financing ranging from $1,000 to $50,000 for their home energy upgrades and installations. The term of this financing can extend as long as ten years.

Lansing BWL Solar Rebate

BWL offers a solar PV rebate of $500 per installed kilowatt, up to $2,000 (4 kW).

NEVADA

Federal Solar Tax Credit (ITC) (30%)

Michigan residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill. Currently, consumers who live in the utility company NV Energy’s service area will receive a credit valued at 75% of the retail rate of electricity for the solar energy they send to the grid. Consumers living in Valley Electric Association’s service area will receive credits equal to 75% of the rate they pay the utility company.

NEW HAMPSHIRE

Federal Solar Tax Credit (ITC) (30%)

New Hampshire residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

New Hampshire residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

New Hampshire homeowners are exempt from paying sales tax on their solar energy system.

Residential Small Renewable Energy Rebate Program

This program provides rebates of $200 per kilowatt of solar panel power installed up to $1,000 or 30% of the total cost of your solar energy system.

Eversource Connected Solutions Energy Storage Rebate

If you live in New Hampshire and are a customer of Eversource, you can be compensated for sharing your solar energy storage with the utility during high-demand hours.

Renewable Energy Certificate (REC) Program

The REC program allows residents of New Hampshire to earn and sell credits for the solar power their systems produce. While the REC market is not very active in New Hampshire at the moment, there is a good chance that it will pick up.

Commercial & Industrial (C&I) Solar Incentive Program

This program offers financial incentives of up to 25% of the total solar project cost or $10,000, whichever is less. The program is only available to commercial structures in New Hampshire with electric meters.

The Community Development Finance Authority Clean Energy Fund

Businesses, towns, and nonprofits can use this fund to navigate the energy investment financing process.

USDA REAP GRANT

REAP helps agricultural producers and rural small businesses reduce their energy costs and consumption by providing loan financing and grant funding to purchase and install renewable energy systems. Eligible participants in the REAP program are agricultural producers, with at least 50 percent of their gross income coming from agricultural operations and small businesses in eligible rural areas.

NEW JERSEY

Federal Solar Tax Credit (ITC) (30%)

New Jersey residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

New Jersey residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

New Jersey homeowners are exempt from paying sales tax on their solar energy system.

TRECs

Transition Renewable Energy Certificates (TRECs) are solar power rebates homeowners and businesses can receive for solar energy production. The rate is $91.20 for homes and $152 for businesses per megawatt-hour.

NEW MEXICO

Federal Solar Tax Credit (ITC) (30%)

New Mexico residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

New Mexico State Tax Incentive

Homeowners in New Mexico can save up to 10% on their state taxes up to $6,000 when investing in a solar power system for their home.

Property Tax Exemption

New Mexico residents are exempt from paying property tax on their solar energy systems despite increased home value.

NEW YORK

Federal Solar Tax Credit (ITC) (30%)

New York residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

New York State Solar Tax Credit

This tax credit is equal to 25 percent of total installation costs, up to $5,000, and can be used alongside the federal solar tax credit. In total, the two incentives can reduce the cost of purchasing a solar energy system by more than half after the first year.

NY-Sun Megawatt (MW) Block Program (NYSERDA Rebate)

The NY-Sun initiative provides up to $1,000 for every kilowatt (kW) of solar power purchased and installed. [$0.30/w NY Upstate, $0.20/W Con Edison]

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

New York residents are exempt from paying property tax on their solar energy systems despite increased home value.

Home Solar Project State Sales Tax Exemption

New York residents can access a 4% home solar system sales tax exemption.

NYC Solar Property Tax Abatement (SEGS)

New York City has created a property tax exemption on the added value to your home that comes with installing a solar energy system. The program allows property owners to deduct 5% of the cost of a solar installation each year, for four consecutive years, from property tax bills up to $62,500.00.

USDA REAP GRANT

REAP assists agricultural producers and rural small businesses reduce their energy costs and consumption by providing loan financing and grant funding to purchase and install renewable energy systems. Eligibility for the REAP program depends on you being an agricultural producer, with at least 50 percent of your gross income coming from agricultural operations and small businesses in eligible rural areas.

New York State Commercial Financing Options

Commercial business owners in New York can access a range of financing options when they purchase a solar energy system.

NORTH CAROLINA

Federal Solar Tax Credit (ITC) (30%)

North Carolina residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

North Carolina residents are exempt from paying property tax on their solar energy systems despite increased home value.

Duke Energy Solar Rebate

North Carolina customers of Duke Energy can receive a cash incentive for installing a solar system.

OHIO

Federal Solar Tax Credit (ITC) (30%)

Ohio residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Solar Renewable Energy Credits (SREC)

When your home creates solar renewable energy, you can earn credits and then sell them on an online marketplace for money. The problem with the state of Ohio is that the SREC average credit is just $9, considerably lower than other states. Prices do fluctuate.

Sales Tax Exemption

Ohio homeowners are exempt from paying sales tax on their solar energy system.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Energy Conservation for Ohioans (ECO Link Program)

Helps to reduce the cost of solar energy loans by as much as 3% for up to 7 years.

City of Cincinnati Residential Property Tax Abatement

Property taxes will remain unaffected by the installation of solar panels for a period of 15 years for new construction and 10 years for retrofit. Minimum requirement of $2500 to get started.

OREGON

Federal Solar Tax Credit (ITC) (30%)

Oregon residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill. Investor-owned utilities are required to carry excess monthly generation forward to subsequent months as a kWh credit (“annual net metering”). Municipal utilities and cooperatives have the option to offer annual true-ups or credit monthly excess generation at the utility’s avoided cost (“monthly net metering”).

Property Tax Exemption

Oregon residents are exempt from paying property tax on their solar energy systems despite increased home value.

Oregon Solar + Storage Rebate Program

A rebate from the Oregon Department of Energy (ODOE) of up to 40% of the total solar system cost (capped at $7,500).

Solar Within Reach

A rebate for low-income residents of $1.40 per watt (capped at $8,400) or $0.70 per watt (capped at $4,200) for PGE and Pacific Power utility companies, respectively.

Energy Trust of Oregon (“ETO”) Rebate

The incentive is paid directly to the installing contractor. Eligible utilities: Pacific Power & Portland General Electric

■ Pacific Power: $.30/W up to $2,400

■ Portland General: $.20/W up to $1,000

PENNSYLVANIA

Federal Solar Tax Credit (ITC) (30%)

Pennsylvania residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Solar Renewable Energy Certificate (SREC)

Pennsylvania offers a Solar Renewable Energy Certificate (SREC) program that lets you earn energy credits for every kilowatt-hour (kWh) of solar energy your system creates. Each year, you might be able to make money by selling your solar credits in the SREC market.

City of Philadelphia Solar Rebate Program

Residents of Philadelphia can get up to $200 rebates for every kilowatt (kW) of solar power purchased and installed. None

USDA REAP GRANT

RHODE ISLAND

Federal Solar Tax Credit (ITC) (30%)

Rhode Island residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

Rhode Island residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

Rhode Island homeowners are exempt from paying sales tax on their solar energy system.

Renewable Energy Growth

The state-mandated program from Rhode Island is known as REG. This program allows homeowners to earn credit for the renewable energy they produce and use it to their benefit for years to come. Provides Performance-Based Incentives (“PBIs”) – also known as a “Feed-in-Tariff” – that are paid out monthly over 15 or 20 years.

■ <10kW = 15 years

■ >10kW = 20 years

Renewable Energy Fund (“REF”)

This is a grant program that offers an incentive to discount the upfront cost of a net metered system. ● Current grant amount is $.85/W (as of 6/15/20). Projects approved for REF can also be approved for Net Metering. Customers who are approved for REF retain SRECs.

SOUTH CAROLINA

Federal Solar Tax Credit (ITC) (30%)

South Carolina residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

South Carolina State Tax Credit (25%)

Systems owners can claim a personal tax credit on their South Carolina state taxes equal to 25% of the system’s cost. The maximum credit they can claim in any given tax year is $3,500 or 50% of taxpayer’s tax liability for that taxable year, whichever is less. If the amount of the credit exceeds $3,500 for each system, the taxpayer may carry forward the excess for up to ten years.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

South Carolina residents are exempt from paying property tax on their solar energy systems despite increased home value.

TEXAS

Federal Solar Tax Credit (ITC(30%)

Texas residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Property Tax Exemption

Texas residents are exempt from paying property tax on their solar energy systems despite increased home value.

Austin Energy Solar Rebate

If you live in Austin, you may qualify for a solar rebate program that ranges from $2,500 to $8,500 for the kW of solar power installed in your homes. This incentive varies according to your electric provider, solar PV system size, location, and income.

CPS Energy Commercial Solar Rebate

CPS Energy has allocated funds for solar rebates to support the adoption of solar for small businesses, schools, and non-profit organizations. All commercial rebates are capped at $80,000 or 50% of the invoice cost, whichever is less. The rebate for registered non-local installers is reduced to 75% of the local installer rebate amount listed above. The rebate incentive will be paid as follows:

Small businesses (system size under 100 kW AC), schools and non-profits:

$0.60 per AC Watt for the first 25kW, $0.40 per AC Watt for kW over 25

$0.10 per AC Watt premium for projects utilizing local modules

American Electric Power (AEP) Solar Rebate

Texans that get energy from AEP are eligible for a cash incentive between $2,500 to $8,500 for the kW of solar power installed in their home.

Oncor Solar Rebate

Oncor customers can access a solar rebate program that ranges from $2,500 to $8,500 for the kW of solar power installed in their homes. The cash incentive varies according to your electric provider, solar PV system size, location, and income.

USDA REAP Grant

REAP assists agricultural producers and rural small businesses to reduce their energy costs and consumption by providing loan financing and grant funding to purchase and install renewable energy systems. Eligibility for the REAP program depends on you being an agricultural producer, with at least 50% of your gross income coming from agricultural operations and small businesses in eligible rural areas.

Property Assessed Clean Energy (PACE)

Texas offers access to financing for energy-efficient power systems and upgrades through the PACE financing program. This program allows property owners to finance their purchase of solar energy systems and to pay back the money owed through a voluntary property tax assessment. While it may not lower the cost of going solar, it can be a great means of financing for homeowners that can’t take out traditional loans.

Solar Energy Devices Franchise Tax Exemption

The state of Texas allows businesses to deduct the cost of a solar energy device from franchise taxes.

UTAH

Federal Solar Tax Credit (ITC) (30%)

Utah residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Utah State Tax Credit

Systems owners can claim a personal tax credit on their South Carolina state taxes equal to 25% of the system’s cost capped at $800. Expires 2024.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

VERMONT

Federal Solar Tax Credit (ITC) (30%)

Vermont residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Property Tax Exemption

Vermont residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

This sales tax exemption provides residential and commercial purchasers of solar panels with a 6% state sales tax exemption.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Green Mountain Power’s Bring Your Own Device Program

The Green Mountain Power’s Bring Your Own Device Program allows Green Mountain Power customers to get as much as $10,500 off the purchase of a new home battery when they enroll in the Bring Your Own Device Program.

USDA REAP GRANT

REAP assists agricultural producers and rural small businesses to reduce their energy costs and consumption by providing loan financing and grant funding to purchase and install renewable energy systems. Eligible participants in the REAP program are agricultural producers, with at least 50 percent of their gross income coming from agricultural operations and small businesses in eligible rural areas.

Commercial Energy Loan Program (CELP)

This program provides low-interest loans for businesses to engage in larger renewable energy and energy efficiency projects. The maximum loan amount is $2,000,000, which can fund up to 60% of a solar project.

VIRGINIA

Federal Solar Tax Credit (ITC) (30%)

Virginia residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Property Tax Exemption

Virginia residents are exempt from paying property tax on their solar energy systems despite increased home value.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

USDA REAP GRANT

REAP assists agricultural producers and rural small businesses reduce their energy costs and consumption by providing loan financing and grant funding to purchase and install renewable energy systems. Eligible participants in the REAP program are agricultural producers, with at least 50 percent of their gross income coming from agricultural operations and small businesses in eligible rural areas.

Renewable Energy Certificate (SREC) Program

The SREC program allows residents of Virginia to earn and sell credits for the solar power their systems produce. While the SREC market is not very active in Virginia at the moment, there is a good chance that it will pick up.

WISCONSIN

Federal Solar Tax Credit (ITC) (30%)

Wisconsin residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax return.

Property Tax Exemption

Wisconsin residents are exempt from paying property tax on their solar energy systems despite increased home value.

Sales Tax Exemption

This sales tax exemption provides residential and commercial purchasers of solar panels with a 5% state sales tax exemption.

Net Metering (NEM)

Net metering allows homeowners that create excess energy to use it as a credit on their next electric bill.

Focus on Energy

Homeowners in Wisconsin can access rebates of up to $500 for qualified solar installations. Rural customers can receive an additional $500 per solar project. None

USDA REAP GRANT

REAP assists agricultural producers and rural small businesses in reducing energy costs and consumption by providing loan financing and grant funding to purchase and install renewable energy systems. Eligible participants in the REAP program are agricultural producers, with at least 50 percent of their gross income coming from agricultural operations and small businesses in eligible rural areas. None

Milwaukee Shines Solar Program

Through this program, the city of Milwaukee provides low-APR solar loans of up to $20,000 to homeowners

Greenpenny

This virtual bank offers solar loans to homeowners installing new renewable energy systems in Wisconsin. These loans are highly accessible and come with low-interest rates.

Clean Energy Credit Union

Customers can access solar financing and loans up to $90,000 if they are Wisconsin residents. Many of the loans come with below-average interest rates

RENEW Wisconsin

If a nonprofit installs a solar system smaller than 75 kilowatts, it can be awarded up to 50% of the solar panels required or up to 75 panels (approximately a $15,000 value). For systems larger than 75 kilowatts, nonprofits can be awarded up to 50% of the solar panels required or up to 150 panels (approximately a $30,000 value).

Property Assessment Clean Energy (PACE) Program

Wisconsin’s commercial and industrial property owners can access low-cost, long-term loans for energy efficiency, renewable energy, and water conservation improvements.