Pennsylvania Solar Incentives 2018

Pennsylvania solar incentives tax credits.

Pennsylvania solar incentives 2018.

In 2018 pennsylvania has over 354 megawatts of solar power generation installed at nearly 19 000 homes farms and businesses and nearly 5 000 people employed in the solar energy field. The state boasts some 21 490 installations and 2020 will surely see that number rise. The solar industry is growing at an unprecedented rate providing emissions free power opportunities for all sectors. Given this environment and the effect of import tariffs placed on solar panels by the trump administration during 2018 it is hard to see that solar power system prices in pennsylvania will fall during 2020.

That s why pennsylvania wants to make it affordable to go solar and find ways for. These tax credits economic development programs refund rebate opportunities and incentive programs provide economic assistance and tax reductions to individual and business taxpayers. However the bipartisan budget act of 2018 reinstated this tax credit for the remaining technologies that have historically been eligible for the credit. The value of solar incentives in pennsylvania is even greater when taking into account the recent extension of the federal investment tax credit itc for solar.

Incentives credits and programs. If you are interested in going solar in 2019 contact your local installer to find out whether your home is a good candidate for solar panels. Pennsylvania offers a variety of tax incentives credits and programs to eligible pennsylvania residents and businesses. According to the u s.

Pennsylvania solar tax credits the federal solar itc. In addition to the state specific incentives and programs mentioned above you can reduce the cost of your solar panels system by. With over 400 solar businesses in the state and over 3 000 employees in the solar industry 1 clean energy not only makes the keystone state a stronger one but helps its citizens save money. Pennsylvania solar incentives pave the way.

Bonus incentives are available for some equipment types purchased between october 1 2017 and march 31 2018. Financial incentives energy financial incentives for pennsylvania residents. Solar panels are an integral part of pennsylvania s economic makeup. The consolidated appropriations act signed in december 2015 included several amendments to this credit which applied only to solar technologies and ptc eligible technologies.

Click any of the boxes below to go to that section of the page or scroll down to read the page in order. Energy information administration the average pennsylvania family consumes more than 10 000 kilowatt hours kwh of electricity annually and spends more than 2 000 per year on energy bills. See program website for complete details.