 Between the State rebate and Federal tax credits, up to 50% of the system cost can be offset.
Solar State Rebates:State rebate amount is based on the size of the system in AC kilowatts produced. The rebate amount is affected by factors such as shading, roof direction and pitch. The State rebate amount is also affected by the current rebate amount per AC watt being offered by the State. The more solar systems are installed, the less money becomes available in the states rebate fund. As a result, rebates vary significantly from project to project.Federal Rebates:Federal tax credits are also available to offset the cost of the system. The tax credit allows the homeowner to receive a 30% credit of the net cost of the solar electricity system (cost after State rebates) on their federal income tax.
We suggest you contact SolarGEM to provide us with some basic information about your unique situation. With this information we can be more specific about the rebate and tax credit amount you should expect |
