Solar Tax Incentives and Rebates
Most people are aware that solar will ultimately save them money, but some also believe that solar has a large upfront cost, which isn’t true! With financing and leasing programs available, homeowners can now go solar for $0 upfront and start saving immediately. Whether you choose to own or lease your system, there are several incentives that lower the cost to pennies on the dollar.
Federal Investment Tax Credit
This tax credit covers 26% of the cost of your solar energy system. This isn’t a write-off or a deduction, but an actual dollar for dollar credit against your income taxes. Claim it all in one year and receive a larger income tax return. Just file using form 5695.
All of the states we service offer local incentives, net metering options, and rebates that can help you save on the total cost of your system.
Earn up to $7,500 back with The Renewable Energy Fund and the Residential Solar Energy Property Tax Reduction.
Earn up to $1,000 back with New Hampshire’s Renewable Energy Fund on top of the property tax exemption.
Thinking about going solar? We can tell you how much you’ll save.
Fill out the form and our team will be in touch with a free quote based on your local incentives and payment options.