Solar Rebate and Incentive Information:
Federal Energy Tax CreditThe Federal Energy Policy Act of 2005 created tax credits for solar water heating and solar electric (PV or photovoltaic) systems. Homeowners are eligible for tax credits on qualified solar water heating and photovoltaic systems. Businesses are eligible for similar credits on solar equipment.
Treated like a payment already made toward the taxes you owe, a tax credit provides a bigger financial reward than a tax deduction. You claim the credit when filing your tax return for the year the system is installed. Both business and residential tax credits are for 30% of the cost of the system (after rebates).
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The Sun: Providing Uninterrupted Solar Power for Over 6 Billion Years