Solar Incentives
Working your way through all the state, Federal and utility based rebate programs for solar power and renewable energy systems takes an expert! The expert you can depend upon is HelioPower. Through nearly 2000 solar panel and clean power installations our team has calculated, applied for and managed the process of rebate programs for residential and commercial clients.
In addition to researching and calculating rebate program applicable funds, we are also expert at calculating the return on investment (ROI) for your solar power system.
Each area differs as to the type and size of the rebate appropriate for your home or building.
Public policies that apply to renewable energy systems:
Tax Credits
Specific federal, regional, and state tax laws permit homeowners and business owners to credit the purchase price of their solar power systems against their annual tax bill.
State Specific Solar Power System Incentives (Rebates, Credits and Grants) Regional utilities may offer solar rebate payments to homeowners based on the size of the solar power system.
In addition to the above programs, business owners can apply as appropriate:
Performance-Based Incentives and Feed-in Tariffs
Regional utilities purchase solar generated kWh at specific rates or prices for specified periods of time when the kWh are delivered to the utility grid.
Renewable Energy Credits (RECs)
REC transactions occur based on the production of clean power; utilities purchase a specific number of RECs from clean power generators, including solar, to meet mandated Renewable Portfolio Standards (RPS). RECs may also be traded on an open market to willing buyers. HelioPower will assist you with these transactions and/or will offer you credit for the Solar REC.
Additionally business owners can optimize more incentives depending on specific site parameters, including:
- Accelerated Asset Depreciation Schedule & Additional Section 179 Deductions (MACRS)
- Solar Energy Facilities Recapture
- Net Metering
- Cap Rate Lift
HelioPower Referral Program
All HelioPower clients can generate a Referral Bonus. Send us a new customer and we will write you a check when their system is installed.
Talk to your HelioPower Solar Energy Expert for more information, call us today at 87-SOLAR-888 or click here!
Related Links:
- Find your utility
- Database for State Incentives
- Rebate information from California Solar Energy Industries Association
- California Emerging Renewables Rebate Information
- Property Tax Exemption Information for Solar Power Systems, from California Solar Energy Industries Association
- Solar Renewable Energy Credits Information
