Pennsylvania Solar Incentives 2017

That s why pennsylvania wants to make it affordable to go solar and find ways for.

Pennsylvania solar incentives 2017.

Bonus incentives are available for some equipment types purchased between october 1 2017 and march 31 2018. 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. A variety of federal and state incentives including srecs led to a substantial build out of solar in the state. 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.

First energy as a parent company administers the energy efficiency program for metropolitan edition met ed pennsylvania electric penelec pennsylvania power penn power and west. The tax cuts and jobs act of 2017 increased bonus depreciation to 100 for qualified property acquired and placed in service after september 27 2017 and before january 1 2023. Pennsylvania offers a variety of tax incentives credits and programs to eligible pennsylvania residents and businesses. Incentives credits and programs.

On the whole pennsylvania s solar incentives have proven effective. Pennsylvania solar incentives pave the way. Pennsylvania limits solar incentives to boost home grown solar energy pennsylvania has built a legal wall at its border to keep out of state solar power from entering the state s alternative. 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.

See program website for complete details. These tax credits economic development programs refund rebate opportunities and incentive programs provide economic assistance and tax reductions to individual and business taxpayers. The solar industry is growing at an unprecedented rate providing emissions free power opportunities for all sectors. Solar panels are an integral part of pennsylvania s economic makeup.

Financial incentives energy financial incentives for pennsylvania residents. According to the u s. Pennsylvania solar tax credits the federal solar itc. 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.

And until 2017 pennsylvania allowed systems located outside of the state to register for and participate in the pa srec market further impacting supply. The state boasts some 21 490 installations and 2020 will surely see that number rise.