Exploring Solar Rebates and Solar Tax Credit

Tapping into solar rebates is good way to get started with solar power for your house. Solar tax credit is a part of the federal tax credits program offered by the United States government.

Do you wonder which solar renewable technologies qualify for solar energy rebates? Here is your answer! As of now, only two solar energy devices are covered by these energy tax credits. It makes sense to have these two includes in the rebate programs since they have been most commercial viable and successful. So, if you are interested in tapping solar energy, try the following two technologies as they qualify for the solar rebates:

1) Solar water heater; and

2) Solar panels (using photovoltaic systems) to create electricity

However, there are some qualifiers that need to be met to be eligible for the federal solar energy credits program. Lets talk about solar panels first since it has fewer requirements than solar water heater:

1) Solar Panels – In order to qualify:

a) The electricity provided by the solar panels replace your electricity usage either partially or fully.

b) Your solar panel installation system must meet the regional fire and electrical safety code requirements in your state.

Go to solar investments for more information

2) Solar Water Heater – In order to qualify, you must:

a) Use it for domestic purposes. In other words, if you use it for recreational purpose such as hot tub or swimming pool then you will NOT quality for this rebate

b) It is fine if you want to supplement water heating in your house with solar energy and therefore, rely partially on traditional energy sources. However, 50% of the energy needed to heat the water has to come from solar energy for you to qualify for energy credits.

c) Which brings us to the next point. You will need to get the system certified by an accredited /state authorized agency in your system or by the Solar Raring and Certification Corporation (SRCC)

d) Of course you don’t have to worry about this certification process if you are using solar energy to heat the water 100 percent.

e) The best part is that the installation cost is part of the federal tax credits and state incentives.

So, investing in solar energy not only pays off in the long run but also enables one to be less dependent on traditional energy sources. Therefore, do take advantage of the solar rebates put in place by the government.

Go to Alternative Energy Investments from Solar Rebates

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Do you know of tax credits for renewable energy in your country?

Share it and Spread the word !!! We want more and more people to take advantage of these tax credits and participate in green economy. Lets help each other out !!

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