|
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 $11,299.00!
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 $15,999.00!
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 |