Pennsylvania Solar Incentives 2018

Pennsylvania solar incentives tax credits.

Pennsylvania solar incentives 2018.

With over 400 solar businesses in the state and over 3 000 employees in the solar industry 1 clean energy not only makes the keystone state a stronger one but helps its citizens save money. The state boasts some 21 490 installations and 2020 will surely see that number rise. In addition to the state specific incentives and programs mentioned above you can reduce the cost of your solar panels system by. Financial incentives energy financial incentives for pennsylvania residents.

Solar panels are an integral part of pennsylvania s economic makeup. On the whole pennsylvania s solar incentives have proven effective. These tax credits economic development programs refund rebate opportunities and incentive programs provide economic assistance and tax reductions to individual and business taxpayers. Click any of the boxes below to go to that section of the page or scroll down to read the page in order.

That s why pennsylvania wants to make it affordable to go solar and find ways for. Bonus incentives are available for some equipment types purchased between october 1 2017 and march 31 2018. According to the u s. The solar industry is growing at an unprecedented rate providing emissions free power opportunities for all sectors.

However the bipartisan budget act of 2018 reinstated this tax credit for the remaining technologies that have historically been eligible for the credit. Incentives credits and programs. Finally the solar incentives section includes information about money back rebates and grants tax credits and tax exemptions for going solar in pennsylvania. First energy as a parent company administers the energy efficiency program for metropolitan edition met ed pennsylvania electric penelec pennsylvania power penn power and west.

The consolidated appropriations act signed in december 2015 included several amendments to this credit which applied only to solar technologies and ptc eligible technologies. Energy information administration the average pennsylvania family consumes more than 10 000 kilowatt hours kwh of electricity annually and spends more than 2 000 per year on energy bills. 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. In 2018 pennsylvania has over 354 megawatts of solar power generation installed at nearly 19 000 homes farms and businesses and nearly 5 000 people employed in the solar energy field.

Pennsylvania solar incentives pave the way. Pennsylvania offers a variety of tax incentives credits and programs to eligible pennsylvania residents and businesses. Pennsylvania solar tax credits the federal solar itc.