Pennsylvania solar energy incentives and rebates 2020 renewable portfolio standard rps.
Pa rebates for solar panels.
On top of the electric bill savings you ll earn special solar renewable energy credits srecs until at least 2021.
These are the solar rebates and solar tax credits currently available in pennsylvania according to the database of state incentives for renewable energy website.
In addition to the state specific incentives and programs mentioned above you can reduce the cost of your solar panels system by 30 percent thanks to this great government program.
Prepared with a budget of 100 million the pa department of environmental protection administered these funds to slash the cost of solar through rebates as high as 0 75 w for residential solar installations a generous rebate for solar.
An unbound renewable energy company open mon fri.
Renewable portfolio standard rps is a law that requires a certain amount of.
The first major program that you should know about is the solar investment tax.
The 30 tax credit applies as long as the home solar system is installed by december 31 2019.
After 2021 the tax credit for residential solar ends.
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Federal solar investment tax credit.
You ll get one each time your system produces a megawatt hour mwh of electricity and our example 5 kw will earn you about 5 5 srecs each year.
A fair amount of that money 100 million directly benefits homeowners and small businesses through the pennsylvania sunshine solar program which provides rebates to help subsidize the cost of installing pv arrays and solar thermal systems.