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Federal, State & Utility Rebates for Solar Technologies
Renewable Energy Tax Credit
Utility Company Incentives
State Incentives
Renewable Energy Tax Credit
The Renewable Energy Tax Credit provides tax credits to offset the costs of purchasing solar systems for your home or business. Specific incentives include:
- A 30% tax credit for photovoltaic (solar electric) and solar thermal systems (solar water heating), concentrated solar power and solar hybrid lighting.
A Tax Credit is not to be confused with a tax deduction, credits are a direct credit against taxes owed. If you overpaid taxes through withholding, it would increase your rebate. If you underpaid taxes for the tax year, it would directly reduce the amount you owe.
Using solar energy can save you money and reduce your direct impact on the environment. financial ncentives are available to help you achieve your goal of energy independence and to reduce your carbon footprint. Below are average samples of savings:
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Solar Electric Systems
• 30% Federal Tax Credit
• Reduce bills 20-90%
• Run meter backwards with
• Net Metering
| Average Sample* |
| List price |
$33,000.00 |
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| Federal |
-$9,900.00 |
| Your Cost |
$23,100.00 |
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Solar Water Heater
• 30% Federal Tax Credit
• Reduce bills by 80%
• Save 2 tons CO2/year
| Average Sample* |
| List price |
$4,500.00 |
| |
|
| Federal |
-$1,350.00 |
| Your Cost |
$3,150.00 |
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Solar Pool Heater
• $0 Operating Costs
• Extend Swim Season
• No Pollution
$50 OFF per old panel
trade-in - with installation purchase. More info. |
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Efficient Water Heater
• $300 Tax Credit
• Energy efficient:
• Minimum .80 to qualify
• Gas, oil, or propane
| Average Sample* |
| List price |
$1,100.00 |
| |
|
| Federal |
-$300.00 |
| Your Cost |
$800.00 |
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Wind Power
• 30% Federal Tax Credit
• Reduce Energy Bills
| Average Sample* |
| Installed |
$14,000.00 |
| |
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| Federal |
-$4,200.00 |
| Your Cost |
$9,800.00 |
More Information |
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Solar Electric Products
• 30% Federal Tax Credit
• Reduce Energy Bills
Solar Attic Fans
IRS Form 5695
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*Many different models, sizes and prices. Please contact us to ensure the system you purchase qualifies for tax credits and/or review information with your tax professional.
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Save even more with Utility Company Incentives
Listed below are participating Utility Companies in Florida. To find out about programs in any other state please visit: dsireusa.org
» FPL Cash Rebates
As part of a five-year pilot program authorized by the Florida Public Service Commission, this rebate is available to all existing FPL residential customers in existing dwellings. The rebates are not available for new construction or PV systems that are already installed. Applicants must be current account holders of the premise where the solar photovoltaic system is being installed.
The Residential PV rebate is for solar electric panels, mounting hardware, grid-interactive electric inverter(s), optional battery systems, associated cabling, and for systems over 10 kilowatt AC, disconnect devices. This rebate program is only for grid-interactive PV systems with a minimum nameplate rating of 2 kilowatts direct current (DC) and a maximum nameplate rating of 2 megawatts. All components must be tested and listed by a nationally recognized testing and certification laboratory for continuous interactive operation with an electric distribution system in compliance with the applicable codes and standards of IEEE 1547, IEEE 1547.1, and UL 1741. All products installed must be new, not refurbished or previously installed.
 FPL Program Standards
FPL Application Checklist
FPL Rebate Certificate
FPL Terms and Conditions
» GRU Gainesville Regional Utilities
- Residential PV System Rebate Amount: $1.50/Watt,
not to exceed $7,500.
- Business PV System Rebate Amount: $1.50/Watt,
not to exceed $37,500.
- $500 Solar water heater rebate. Restrictions apply.
» JEA Jacksonville Electric Authority
The incentive applies only to the installation of a solar water heating system:
- $800 per installation to qualified residential customers.
- 30% of the system's cost for qualified pre-approved commercial systems with $5,000 maximum limit.
» Progress Energy
SunSense Solar Water Heating Program
- $550 rebate from Progress Energy
- Up to $60 in EnergyWise Home program credits every year
- Federal tax credits of up to 30 percent
- Save up to 85 percent on your water heating costs. More
SunSense PV Program NOTE: Progress Energy Florida is no longer accepting applications for the 2012 rebates. All funds for 2012 have been committed.
Progress Energy will help reduce the cost of installation with a rebate of $2 per watt installed (for up to 10 kW). The SunSense Solar PV program:
- Provides rebates of up to $20,000 from Progress Energy
- Reduces your electric bills
- Adds to the value of your home
- Provides the satisfaction of generating clean, renewable energy
Progress Energy Florida will begin accepting applications at 8 a.m. Oct. 4, 2011, for customers to apply for the 2012 rebates. More
EnergyWise Home
- Monthly EnergyWise credits for covered devices.
- EnergyWise monthly pool pump credit. More
Solar Direct will assist you with product information, rebate application and required forms. |
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State Incentives
For complete rebate information please visit: DSIRE, a comprehensive source of information on state, local, utility, and federal incentives that promote renewable energy and energy efficiency.
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Call 800 333 9276
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Resources: |
DSIRE
DSIRE is a comprehensive source of information on state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency, funded by the U.S. Department of Energy.
IREC - Interstate Renewable Energy Council
The Interstate Renewable Energy Council (IREC) is a premier resource for current information, education, credentialing and best practices regarding renewable energy.
» The Solar Investment Tax Credit Frequently Asked Questions
» The American Recovery and Reinvestment Act of 2009
» Federal Loan Programs for Energy Efficient Hortage
» U.S. Department of Energy Tax Breaks
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