Solar Photovoltaics

Residential Renewable Energy Tax Credit

Tax credits for residential energy efficiency have now expired.  The tax credit for builders of energy efficient homes and tax deductions for energy efficient commercial buildings have also expired.

The tax credits for residential renewable energy products are still available through December 31, 2021. Renewable energy tax credits for fuel cells, small wind turbines, and geothermal heat pumps now feature a gradual step down in the credit value, the same as those for solar energy systems.

While the tax credits for residential energy efficiency have expired, you can still save money and energy in your home by using ENERGY STAR

Energy-Efficient Mortgages

Homeowners can take advantage of energy efficient mortgages (EEM) to either finance energy efficiency improvements to existing homes, including renewable energy technologies, or to increase their home buying power with the purchase of a new energy efficient home. The U.S. federal government supports these loans by insuring them through Federal Housing Authority (FHA) or Veterans Affairs (VA) programs. This allows borrowers who might otherwise be denied loans to pursue energy efficiency, and it secures lenders against loan default.

FHA Energy Efficient Mortgages
The FHA allows lenders to add up to 100% of energy efficiency improvements to an existing mortgage loan

Renewable Electricity Production Tax Credit (PTC)

Under the Bipartisan Budget Act of 2018, the renewable energy tax credits for fuel cells, small wind turbines, and geothermal heat pumps now feature a gradual step down in the credit value, the same as those for solar energy systems

Tax Credit: 

  • 30% for systems placed in service by 12/31/2019
  • 26% for systems placed in service after 12/31/2019 and before 01/01/2021
  • 22% for systems placed in service after 12/31/2020 and before 01/01/2022

Expires:  December 31, 2021

Details:  Existing homes and new construction qualify.  Both principal residences and second homes qualify. Rentals do not qualify. 

Austin Energy - Multifamily Solar PV Rebate Program

Note: Additional rebates are available through August 31

Austin Energy offers incentives for multifamily property owners to install solar PV systems on five or more units. In order to qualify, PV systems must be at least 2kW (AC) per unit or be estimated to produce at least 50% of annual electrical consumption. For more information, visit the program website.

City of Aspen - Commercial Energy Efficiency Rebate Program

The City of Aspen offers a variety of incentives to its commercial customers to encourage the use of energy efficient products. Rebates are available for water heaters, low flow fixtures, toilets, solar photovoltaics, geothermal heat pumps, and custom projects.

For water efficiency rebates, contact the City of Aspen Climate Action Office at climate@cityofaspen.com or 970-920-5039.

For custom rebates, schedule a custom rebate consultation by calling at 970-925-9775.

For more information on any of these programs, visit the program website.

Duke Energy - NC Solar Rebate Program

Note: Residential and Non-residential Business Customer applications for solar rebates have reached the 2019 program capacity limit. All additional Residential and Non-residential Business Customer applicants will be placed on the waiting list.

Duke Energy Carolinas and Duke Energy Progress are providing rebates to customers who install PV. Each utility will is awarding rebates on a first-come, first-served basis to 10 MW of systems each year. Of this total, 5,000 kW are reserved for residential applications. Of the remaining 5,000 kW, 2,500 kW is reserved for nonprofits. 

Ames Electric Department - Commercial Energy Efficiency Rebate Programs

The Ames Electric Department provides free energy audits and multiple energy efficiency rebates for commercial and industrial customers. The rebate programs available include: The Appliance Rebate Program, The High Efficiency Heat Pump Program, The Power Factor Correction Rebate Program, and the High Efficiency Lighting Program. 

All programs require that the customer submit a completed application form within 30 days of equipment installation. In addition to specific rebates, AED also offers a custom rebate program of $500 for every kW of load reduced (photovoltaic systems are included in this rebate). Visit the program website to access application forms and additional program information.

LADWP - Non-Residential Energy Efficiency Incentive Program

Los Angeles Department of Water and Power offers prescriptive and custom incentives to non-residential customers for the installation of energy saving measures, equipment, or systems that exceed Title 24 or minimum industry standards. Custom incentives are based on estimation software that determines the energy savings for each project. Prior to beginning the project, customers should contact the utility for more information. 

 

 

Energy Innovation Grant Program

The Public Service Commission of Wisconsin's Office of Energy Innovation offers grants for certain energy projects through the Energy Innovation Grant Program. Applicants for the grant program must be either municipal or tribal governments, K-12 school districts, or manufacturers. Eligible projects include building energy efficiency, energy storage, renewable energy, alternative fuel transportation, facility and fleet audits, comprehensive energy plans, and feasibility studies and training and operations for any of these project types.

Awards for the 2019 fiscal year have been determined; information for the next year's RFP is not yet available.

The total budget for the 2019 fiscal year was $5,000,000.