Incentives >> Residential Solar Incentives

PENNSYLVANIA RESIDENTIAL SOLAR INCENTIVESPennsylvania Sunshine Solar Rebate Program:
There is a rebate of $0.75/W for systems of 1-10 kilowatts (kW). Systems larger than 10 kW are eligible, but incentives are limited to first 10 kW, capped at $17,500.

Solar Thermal Rebate:
There is a rebate for 35% of installed system cost, capped at $5,000.

Solar Renewable Energy Certificates (SRECs):
An SREC is a certificate that is awarded for every megawatt hour of electricity you produce with your solar electric system. Pennsylvania’s SREC program provides a means for people with solar power systems to gain significant value through the selling of SRECs to utilities. In order to receive payments, your system must be registered in the state(s) where the SRECs will be sold.

SRECs are slightly different from standard RECs, as they are only produced by solar systems. Standard RECs are produced by any renewable source. This includes sources such as wind, biomass, hydropower, etc. SRECs are, therefore, less common and more valuable than standard RECs.

You are guaranteed to receive payments for your SRECs for 15 years; the price for an SREC changes every day. To see how much extra cash you could make by selling your SREC’s follow this link for a free solar installation quote.

Low-Income (PV and Solar Thermal):
35% of installed costs (the maximum rebate authorized by the enabling legislation), household income must be below 60% of the state’s median income to qualify.

FEDERAL RESIDENTIAL SOLAR INCENTIVES

Solar Electric Tax Credit:
There is a 30% tax credit for all residential solar installations starting on January 1, 2009. If a customers’ tax liability is not as large as the value of the solar tax credit, customers have several years to utilize the credit. This tax credit can also be deducted directly from a customer’s AMT liability.

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