Discover comprehensive solar incentives available to homeowners, from federal tax credits to state rebates and performance-based programs. Learn how to maximize your solar investment with various financial support options, low-interest loans, and programs designed for low-income households. Explore how selling SRECs and participating in state initiatives can boost your savings and make solar energy more accessible and affordable.

Adopting solar energy at home offers substantial savings over time, but initial setup costs can be high. Thankfully, federal and state programs provide incentives to lower these expenses. The 2022 Inflation Reduction Act extended the Federal Solar Investment Tax Credit to 30% through 2032, encouraging renewable energy projects, including storage solutions. States like California, Texas, and Florida also offer additional tax benefits. Reach out to local agencies to discover available programs and maximize your solar investment opportunities.

Available Solar Incentives

Tax Credits: Credits like the Residential Clean Energy Credit help cut federal taxes—sometimes resulting in refunds if the credit surpasses your liability.

Rebates: Many states, utility companies, and solar providers offer rebates on solar system purchases, independent of federal tax credits.

Affordable Loans: Utility companies and solar providers may offer low-interest loans to finance your solar installation, making payments more manageable.

Support Programs and Benefits

Weatherization Assistance: Programs like Colorado's WAP provide free solar installations to qualifying low-income families, saving over $400 annually on energy bills.

Referral Rewards: Earn bonuses by introducing friends or family to solar providers, including discounts or cash rewards.

Massachusetts SMART Initiative: This program pays solar owners monthly for energy production over ten years, offering sustainable financial incentives.

SREC Sales: Generate income by selling Solar Renewable Energy Certificates, especially if your utility is required to purchase them to meet renewable goals.

Performance Incentives: States like California reward solar producers based on actual energy generation, paid over several years at fixed rates.