|
|
Federal Solar Tax Incentives
The Energy Policy Act of 2005 (H.R.
6, Sec. 1335) established a 30% tax credit up to $2,000 for the purchase
and installation of residential solar electric. An individual can
take both a 30% credit up to the $2,000 cap for a photovoltaics system.
>
Click here to download IRS Form 5695
> Link to DSIRE web site; A good resource for Federal Tax Incentive Info.
State-by-State Solar Tax Incentives and Rebates
YOUR POWER-SAVE SOLAR AUTHORIZED INSTALLER WILL SUBMIT FOR YOU THE STATE AND UTILITY SPONSORED REBATE FORMS AND GET APPROVAL IN ADVANCE OF INSTALLATION!!!!
*Check with your state and local utility company for current terms and conditions of their rebates. Power-Save is not responsible for expired or revised rebate information.
The table below is based on the Power-Save Solar 1kW residential system priced at $5,999.00!
|
STATE
(links to DSIRE web site) |
FED TAX CREDIT
|
STATE TAX CREDIT
|
STATE/UTILITY REBATE
|
NET SYSTEM COST!!!
|
| Alabama |
$ 2,000.00
|
$ 3,999.00
|
||
|
Alaska * |
$
2,000.00
|
|
$ 2,892.44
|
$ 1106.56
|
| Arizona * ** |
$ 2,000.00
|
$ 1,000.00
|
$ 3,000.00
|
FREE!
|
| Arkansas |
$ 2,000.00
|
|
|
$ 3,999.00
|
| California * ** |
$ 2,000.00
|
|
$ 4,000.00
|
FREE!
|
| Colorado * ** |
$ 2,000.00
|
|
$ 4,000.00
|
FREE!
|
| Connecticut * |
$ 2,000.00
|
|
$ 5,000.00
|
FREE!
|
| Delaware |
$ 2,000.00
|
|
$ 2,799.00
|
$ 1,200.00
|
| Washington DC |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Florida *** | ||||
| Georgia * |
$ 2,000.00
|
|
$ 3,042.59
|
$ 956.41
|
| Hawaii |
$ 2,000.00
|
$ 1,959.00
|
|
$ 2,040.00
|
| Idaho |
$ 2,000.00
|
$ 1,959.00
|
|
$ 2,040.00
|
| Illinois * |
$ 2,000.00
|
|
$ 1,679.00
|
$ 2,320.00
|
| Indiana |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Iowa * |
$ 2,000.00
|
|
$ 2,500.00
|
$ 1,499.00
|
| Kansas |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Kentucky |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Louisiana |
$ 2,000.00
|
$ 2,800.00
|
|
$ 1,199.00
|
| Maine * |
$ 2,000.00
|
|
$ 3,000.00
|
$ 999.00
|
| Maryland * |
$ 2,000.00
|
|
$ 1,120.00
|
$ 2,879.00
|
| Massachusetts * |
$ 2,000.00
|
$ 800.00
|
$ 3,000.00
|
$ 199.00
|
| Michigan * ** |
$ 2,000.00
|
|
$ 2,500.00
|
$ 1,499.00
|
| Minnesota * |
$ 2,000.00
|
|
$ 4,000.00
|
FREE!
|
| Mississippi |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Missouri |
$ 2,000.00
|
|
$ 500.00
|
$ 3,499.00
|
| Montana * ** |
$ 2,000.00
|
$ 500.00
|
$ 3,500.00
|
FREE!
|
| Nebraska * |
$ 2,000.00
|
$ 1,330.43
|
|
$ 2,670.00
|
| Nevada * |
$ 2,000.00
|
|
$ 3,000.00
|
$ 999.00
|
| New Hampshire |
$ 2,000.00
|
|
|
$ 3,999.00
|
| New Jersey * |
$ 2,000.00
|
|
$ 3,800.00 (discontinued)
|
$ 199.00 (discontinued)
|
| New Mexico |
$ 2,000.00
|
$ 1,680.00
|
|
$ 2,320.00
|
| New York * |
$ 2,000.00
|
$ 1,400.00
|
$ 3,350.00
|
FREE!
|
| North Carolina * |
$ 2,000.00
|
$ 1,950.00
|
|
$ 2,049 .00
|
| North Dakota |
$ 2,000.00
|
$ 840.00
|
|
$ 3,159.00
|
| Ohio |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Oklahoma |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Oregon * |
$ 2,000.00
|
$ 2,800.00
|
$ 2,000.00
|
FREE!
|
| Pennsylvania |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Rhode Island * |
$ 2,000.00
|
$ 1,400.00
|
$ 125.00
|
$ 2,474.00
|
| South Carolina |
$ 2,000.00
|
$ 1,400.00
|
|
$ 3,999.00
|
| South Dakota |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Tennessee |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Texas * ** |
$ 2,000.00
|
|
$ 4,500.00
|
FREE!****
|
| Utah * ** |
$ 2,000.00
|
$ 1,400.00
|
$ 2,000.00
|
$ 599.00
|
| Vermont |
$ 2,000.00
|
|
$ 1,760.00
|
$ 2,239.00
|
| Virginia |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Washington * ** |
$ 2,000.00
|
|
$ 1,500.00
|
$ 2,499.00
|
| West Virginia |
$ 2,000.00
|
|
|
$ 3,999.00
|
| Wisconsin * ** |
$ 2,000.00
|
|
$ 3,900.00
|
$ 99.00
|
| Wyoming * |
$ 2,000.00
|
|
$ 2,799.00
|
$ 1,200.00
|
* est. state/utility
rebate or tax credit
** highest regional rebate
*** requires 2kW system minimum
**** based on purchase price of $5700.00
The table below is based on the Power-Save Solar 2kW residential system priced at $10,299.00!
|
STATE
(links to DSIRE web site) |
FED TAX CREDIT
|
STATE TAX CREDIT
|
STATE/UTILITY REBATE
|
NET SYSTEM COST!!!
|
| Alabama |
$ 2,000.00
|
$ 8,299.00
|
||
|
Alaska * |
$ 2,000.00
|
|
$ 5,784.89
|
$ 2,514.12
|
| Arizona * ** |
$ 2,000.00
|
$ 1,000.00
|
$ 6,000.00
|
$ 1,299.00
|
| Arkansas |
$ 2,000.00
|
|
$ 8,299.00
|
|
| California * ** |
$ 2,000.00
|
|
$ 5,500.00
|
$ 2,799.00
|
| Colorado * ** |
$ 2,000.00
|
|
$ 9,000.00
|
FREE!
|
| Connecticut * |
$ 2,000.00
|
|
$ 10,000.00
|
FREE!
|
| Delaware |
$ 2,000.00
|
|
$ 5,500.00
|
$ 2,799.00
|
| Washington DC |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Florida *** |
$ 2,000.00
|
|
$ 8,000.00
|
$ 299.00
|
| Georgia * |
$ 2,000.00
|
|
$ 5,585.18
|
$ 2,714.00
|
| Hawaii |
$ 2,000.00
|
$ 3,500.00
|
$ 4,799.00
|
|
| Idaho |
$ 2,000.00
|
$ 3,500.00
|
$ 4,799.00
|
|
| Illinois * |
$ 2,000.00
|
|
$ 3,000.00
|
$ 5,299.00
|
| Indiana |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Iowa * |
$ 2,000.00
|
|
$ 5,000.00
|
$ 3,299.00
|
| Kansas |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Kentucky |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Louisiana |
$ 2,000.00
|
$ 5,500.00
|
$ 2,799.00
|
|
| Maine * |
$ 2,000.00
|
|
$ 6,000.00
|
$ 2,299.00
|
| Maryland * |
$ 2,000.00
|
|
$ 2,000.00
|
$ 6,299.00
|
| Massachusetts * |
$ 2,000.00
|
$ 1,000.00
|
$ 6,000.00
|
$ 1,299.00
|
| Michigan * ** |
$ 2,000.00
|
|
$ 5,000.00
|
$ 3,299.00
|
| Minnesota * |
$ 2,000.00
|
|
$ 8,000.00
|
$ 299.00
|
| Mississippi |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Missouri |
$ 2,000.00
|
|
$ 1,000.00
|
$ 7,299.00
|
| Montana * ** |
$ 2,000.00
|
$ 500.00
|
$ 7,000.00
|
$ 799.00
|
| Nebraska * |
$ 2,000.00
|
$ 2,660.85
|
$ 5,639.00
|
|
| Nevada * |
$ 2,000.00
|
|
$ 6,000.00
|
$ 2,299.00
|
| New Hampshire |
$ 2,000.00
|
|
$ 8,299.00
|
|
| New Jersey * |
$ 2,000.00
|
|
$ 7,600.00 (discontinued)
|
$ 699.00 (discontinued)
|
| New Mexico |
$ 2,000.00
|
$ 3,000.00
|
$ 5,299.00
|
|
| New York * |
$ 2,000.00
|
$ 2,500.00
|
$ 8,000.00
|
FREE!
|
| North Carolina * |
$ 2,000.00
|
$ 3,500.00
|
$ 4,799.00
|
|
| North Dakota |
$ 2,000.00
|
$ 1,500.00
|
$ 6,799.00
|
|
| Ohio |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Oklahoma |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Oregon * |
$ 2,000.00
|
$ 5,000.00
|
$ 4,000.00
|
FREE!
|
| Pennsylvania |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Rhode Island * |
$ 2,000.00
|
$ 2,500.00
|
$ 125.00
|
$ 5,674.00
|
| South Carolina |
$ 2,000.00
|
$ 2,500.00
|
$ 5,799.00
|
|
| South Dakota |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Tennessee |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Texas * ** |
$ 2,000.00
|
|
$ 8,000.00
|
$ 299.00
|
| Utah * ** |
$ 2,000.00
|
$ 2,000.00
|
$ 4,000.00
|
$ 2,299.00
|
| Vermont |
$ 2,000.00
|
|
$ 3,500.00
|
$ 4,799.00
|
| Virginia |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Washington * ** |
$ 2,000.00
|
|
$ 3,000.00
|
$ 5,299.00
|
| West Virginia |
$ 2,000.00
|
|
$ 8,299.00
|
|
| Wisconsin * ** |
$ 2,000.00
|
|
$ 5,000.00
|
$ 3,299.00
|
| Wyoming * |
$ 2,000.00
|
|
$ 3,000.00
|
$ 5,299.00
|
The table below is based on the Power-Save Solar 3kW residential system priced at $14,999.00!
|
STATE
(links to DSIRE web site) |
FED TAX CREDIT
|
STATE TAX CREDIT
|
STATE/UTILITY REBATE
|
NET SYSTEM COST!!!
|
| Alabama |
$ 2,000.00
|
$ -
|
$ -
|
$ 12,999.00
|
|
Alaska * |
$ 2,000.00
|
$ 8,677.33
|
$ 4,322.00
|
|
| Arizona * ** |
$ 2,000.00
|
$ 1,000.00
|
$ 9,000.00
|
$ 2,999.00
|
| Arkansas |
$ 2,000.00
|
$ 12,999.00
|
||
| California * ** |
$ 2,000.00
|
$ 9,000.00
|
$ 3,999.00
|
|
| Colorado * ** |
$ 2,000.00
|
$ 13,500.00
|
FREE!
|
|
| Connecticut * |
$ 2,000.00
|
$ 15,000.00
|
FREE!
|
|
| Delaware |
$ 2,000.00
|
$ 7,300.00
|
$ 5,699.00
|
|
| Washington DC |
$ 2,000.00
|
$ 12,999.00
|
||
| Florida *** |
$ 2,000.00
|
$ 12,000.00
|
$ 999.00
|
|
| Georgia * |
$ 2,000.00
|
$ 8,127.77
|
$ 4,872.00
|
|
| Hawaii |
$ 2,000.00
|
$ 5,000.00
|
$ 7,999.00
|
|
| Idaho |
$ 2,000.00
|
$ 5,000.00
|
$ 7,999.00
|
|
| Illinois * |
$ 2,000.00
|
$ 5,000.00
|
$ 7,999.00
|
|
| Indiana |
$ 2,000.00
|
$ 12,999.00
|
||
| Iowa * |
$ 2,000.00
|
$ 7,500.00
|
$ 5,499.00
|
|
| Kansas |
$ 2,000.00
|
$ 12,999.00
|
||
| Kentucky |
$ 2,000.00
|
$ 12,999.00
|
||
| Louisiana |
$ 2,000.00
|
$ 5,500.00
|
$ 7,499.00
|
|
| Maine * |
$ 2,000.00
|
$ 7,000.00
|
$ 5,999.00
|
|
| Maryland * |
$ 2,000.00
|
$ 2,000.00
|
$ 10,999.00
|
|
| Massachusetts * |
$ 2,000.00
|
$ 1,000.00
|
$ 9,000.00
|
$ 2,999.00
|
| Michigan * ** |
$ 2,000.00
|
$ 7,500.00
|
$ 5,499.00
|
|
| Minnesota * |
$ 2,000.00
|
$ 12,000.00
|
$ 999.00
|
|
| Mississippi |
$ 2,000.00
|
$ 12,999.00
|
||
| Missouri |
$ 2,000.00
|
$ 1,500.00
|
$ 11,499.00
|
|
| Montana * ** |
$ 2,000.00
|
$ 500.00
|
$ 7,000.00
|
$ 5,499.00
|
| Nebraska * |
$ 2,000.00
|
$ 3,991.28
|
$ 9,008.00
|
|
| Nevada * |
$ 2,000.00
|
$ 9,000.00
|
$ 3,999.00
|
|
| New Hampshire |
$ 2,000.00
|
$ 12,999.00
|
||
| New Jersey * |
$ 2,000.00
|
$ 10,500.00 (discontinued)
|
$ 2,499.00 (discontinued)
|
|
| New Mexico |
$ 2,000.00
|
$ 5,000.00
|
$ 7,999.00
|
|
| New York * |
$ 2,000.00
|
$ 3,750.00
|
$ 12,000.00
|
FREE!
|
| North Carolina * |
$ 2,000.00
|
$ 5,200.00
|
$ 7,799.00
|
|
| North Dakota |
$ 2,000.00
|
$ 2,200.00
|
$ 10,799.00
|
|
| Ohio |
$ 2,000.00
|
$ 12,999.00
|
||
| Oklahoma |
$ 2,000.00
|
$ 12,999.00
|
||
| Oregon * |
$ 2,000.00
|
$ 6,000.00
|
$ 6,000.00
|
$ 999.00
|
| Pennsylvania |
$ 2,000.00
|
$ 12,999.00
|
||
| Rhode Island * |
$ 2,000.00
|
$ 3,649.75
|
$ 125.00
|
$ 9,225.00
|
| South Carolina |
$ 2,000.00
|
$ 3,000.00
|
$ 9,999.00
|
|
| South Dakota |
$ 2,000.00
|
$ 12,999.00
|
||
| Tennessee |
$ 2,000.00
|
$ 12,999.00
|
||
| Texas * ** |
$ 2,000.00
|
$ 11,679.20
|
$ 1,320.00
|
|
| Utah * ** |
$ 2,000.00
|
$ 2,000.00
|
$ 6,000.00
|
$ 4,999.00
|
| Vermont |
$ 2,000.00
|
$ 5,250.00
|
$ 7,749.00
|
|
| Virginia |
$ 2,000.00
|
$ 12,999.00
|
||
| Washington * ** |
$ 2,000.00
|
$ 4,500.00
|
$ 8,499.00
|
|
| West Virginia |
$ 2,000.00
|
$ 12,999.00
|
||
| Wisconsin * ** |
$ 2,000.00
|
$ 7,500.00
|
$ 5,499.00
|
|
| Wyoming * |
$ 2,000.00
|
$ 3,000.00
|
$ 9,999.00
|
