Are there any government incentives for installing solar trackers

Are there any government incentives for installing solar trackers

Government incentives for installing solar trackers specifically are not commonly detailed separately from general solar installation incentives. However, several broad government incentives apply to solar energy systems that would typically include solar trackers as part of the overall solar installation costs:

Federal Incentives

  • Federal Investment Tax Credit (ITC): This is a major federal incentive providing a tax credit equal to 30% of the total qualified costs for solar energy systems installed on residential or commercial properties, covering labor and materials. Since solar trackers are an integral part of the solar system setup (helping increase efficiency by adjusting panel angles), their cost would generally be included in the system cost eligible for the ITC. This credit is available through at least 2032.
  • The Inflation Reduction Act (IRA) of 2022 expanded solar-related tax credits, including bonuses for domestic manufacturing and energy community projects, but these mainly focus on solar manufacturing and production rather than end-user tracker installation.

State and Local Incentives

  • In California, for example, programs like DAC-SASH provide solar incentives for low-income homeowners, offering up to $3 per watt in incentives, potentially covering the full cost of installation, which likely includes systems with trackers where applicable.
  • Other states and localities may offer rebates or incentives for solar installations, and these typically apply to the whole solar system including any solar tracking equipment, though the exact inclusion depends on program rules.

Summary

No government incentive specifically targets solar trackers alone, but since trackers are part of the solar system installation, their costs generally qualify under existing solar incentives like the Federal ITC and various state-level rebates. Homeowners and businesses can benefit financially from installing solar trackers as part of a solar system through these broad incentives.

For confirmation and to maximize benefits, consulting a solar installer or tax professional knowledgeable about the most current local and federal solar incentive programs is recommended.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-government-incentives-for-installing-solar-trackers/

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