![]() |
Find solar incentives and solar rebates for your state. |
|
|
|
|||||||||
| Federal Solar Tax Credits Extended through 2016 for Off-Grid and Gridtie Systems! The Emergency Economic Stabilization Act of 2008 which was signed into law on Wednesday, October 1, 2008, contains renewable energy legislation which is great news for our solar customers. Not only was the 30% commercial solar investment tax credit extended through 2017, but the same tax credit was extended to residential installations also. Under this new legislation the previous $2,000 cap for residential solar installations is eliminated. This means that starting soon (January 1, 2009) the purchase of a residential solar electric system will make you eligibile for a tax credit equal to 30% of the cost of your solar system, including installation. You can buy your system now and put it in service after Jan 1, 2009 to take advantage of this new energy bill. Find your system needs with a sizing calculator: Off Grid or Grid Tie. |
For more information on what financial incentives and rebates are available in your state to help pay for your renewable energy system check out these other resources: For a complete list of federal solar incentives. For rules, regulations and policies for each state check out DSIRE list of Rules, Regulations, and Policies.They list all the net metering and licensing laws for state, local and the utility companies. For a summary of financial incentive list for all the states check out: Summary by state of rebates, loans, etc.They list rebates, grants, loans and more offered by federal, non-profit, state, utility and local financial programs offered for all the states. www.dsireusa.org is a helpful guide to energy tax credits. To get your federal tax credit, you simply fill out and file IRS form 5695, “Residential Energy Credits”, which is available to download at www.irs.gov. The form available now is for 2007 (form 5695), with the $2,000 cap still in place, but we look forward to more specific information from the IRS with this new legislation. |
|||||||||
|
Call Wholesale Solar 1 (800) 472-1142
Back to top of solar states page. |
||||||||||
| ©2007 Wholesale Solar |