Solar projects are encouraged by federal and state governments that
offer incentives designed to make renewable energy systems more
affordable and sustainably drive long-term renewable energy investment.
Federal tax credits, grants and state incentives coupled together with
utility programs reduce costs, provide tax benefits, and generate
monthly savings thereby removing much of the risk associated with
typical capital improvements.
The following is a brief summary of key incentives available. Please
contact us for more information about additional state and utility
programs available in your area.
30% Federal Tax Credit
Federal Energy Investment Tax Credit
- Eligible technologies: solar PV, solar hot water, wind, biomass and system components among others
- Applicable Sectors: residential, commercial, and industrial
- Maximum Incentive: 30% of project cost
- Expiration Date: December 31, 2016
35% State Tax Credit - Georgia and North Carolina
(Call us to find out what incentives are available in your local area)
- Eligible technologies: solar PV, solar hot water, wind, biomass and system components among others
- Applicable Sectors: residential, commercial, and industrial
- Maximum Incentive: 35%* of project costs; caps apply
Expiration date: December, 2014 in Georgia Georgia's state tax credit for clean energy has been utilized through the year 2014. However, GEFA is still accepting and processing applications. Then, they are wait listing these applicants (in line based upon the postmark) for credit allocations in a coming year. Please check back for updates or call us for the latest information.
- *In Georgia, residential tax credits are capped at $10,500 and program capacity limits apply.
Utility Incentives
Depending on your utility, you may be eligible to receive a rebate of
$300-$1,000/kW DC installed. Utilities may also offer to buy your NEG
(net excess generation) at a premium rate in exchange for the RECs
(renewable energy credits) your system produces.
Incentive programs vary from state-to-state and
utility-to-utility. They often change in scope and availability. So,
staying on top of the qualifications and requirements for each incentive
is very important. As part of our comprehensive project approach,
Creative Solar USA helps you identify available incentives in your area.
This way, you can see just how affordable your system will be. Contact Us to learn more.
Creative Solar USA does not warrant or guarantee rebates, grants,
credits, and awards. We strongly recommend that you contact an
accountant or tax attorney for any specific financial advice.