Solar Tax Credits and Solar Energy RebatesResidential Solar Energy

 

Federal Tax Credits and State Tax Credits

Every year, utilities and the state and federal governments offer rebates and energy efficiency tax credits for upgrading to energy-efficient appliances and energy conservation expenses. We will help map these out to maximize your ability to recoup your expenses and increase your return on your investment.

  1. Federal Energy Tax Credits: Residential Renewable Energy Tax Credit: 30% personal tax credit up to $2000; Business Energy Investment Tax Credit: 30% corporate federal solar tax credit
  2. State Tax Credits: Residential Solar and Wind Energy Systems Tax Credit: 25% personal tax credit up to $1000; Non-Residential Solar and Wind Energy Systems Tax Credit (Corporate): 10% corporate tax credit up to $1500 per 0.5 kW
  3. Sales Tax Exemption: Residential & commercial solar water heaters and solar electric systems are exempt from Arizona Sales Tax.

 

Solar Energy Rebates and Utility Incentives

APS Incentives:

  1. Photovoltaic Maximum Incentive - 50% of projected costs, upfront incentive is limited to $75,000
  2. Solar Water Heaters - 50% of the system cost
  3. Per kW Savings: Residential up to $3.00/watt DC; Commercial up to $2.50/watt DC
  4. Click here for an overview of the APS Renewable Incentive Program

APS Commercial Incentives: Commercial incentives must go through a competitive bid process. Let us represent you and get the highest rebate possible.

 

SRP Incentives:

  1. Photovoltaic Maximum Incentives: Residential $13,500; Commercial Solar Water Heaters $250,000/project, not to exceed 60% of the total projected cost
  2. Per kW Savings: Residential PV Systems $2.70/watt DC until April 30th, 2010 & up to $2.55 after May 1st, 2010; Commercial PV Systems (up to 50kW) $2.25/watt DC; Residential Solar Water Heaters: $0.50/kWh for 1 year; Commercial Solar Water Heaters: $0.50/kWh for 1 year
  3. Click here for an overview of the SRP Earthwise Solar Energy Incentive Program

SRP Commercial Incentives: Commercial incentives are provided on a first come, first served basis. We will submit the appropriate applications for you.