Pa Rebates For Solar Panels

You ll get one each time your system produces a megawatt hour mwh of electricity and our example 5 kw will earn you about 5 5 srecs each year.

Pa rebates for solar panels.

Starting in 2020 the value of the tax credit will step down to 26 and then again to 22 in 2021. After 2021 the tax credit for residential solar ends. Prepared with a budget of 100 million the pa department of environmental protection administered these funds to slash the cost of solar through rebates as high as 0 75 w for residential solar installations a generous rebate for solar. These are the solar rebates and solar tax credits currently available in pennsylvania according to the database of state incentives for renewable energy website.

Federal solar investment tax credit. In addition to the state specific incentives and programs mentioned above you can reduce the cost of your solar panels system by 30 percent thanks to this great government program. The first major program that you should know about is the solar investment tax. On top of the electric bill savings you ll earn special solar renewable energy credits srecs until at least 2021.

Pennsylvania solar energy incentives and rebates 2020 renewable portfolio standard rps. A fair amount of that money 100 million directly benefits homeowners and small businesses through the pennsylvania sunshine solar program which provides rebates to help subsidize the cost of installing pv arrays and solar thermal systems. 6am to 6pm and sat. The value of solar incentives in pennsylvania is even greater when taking into account the recent extension of the federal investment tax credit itc for solar.

An unbound renewable energy company open mon fri.