Top States for Solar Rebates and Incentives
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New York
- Incentives: Offers sales and property tax exemptions, net metering, and the NY-Sun Incentive Program, which can cover over half of project costs through various incentives.
- State Rebate: Up to $5,000 in state tax credit.
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Massachusetts
- Incentives: Provides property and sales tax exemptions, net metering, and an open SREC market. The Commonwealth Solar II Rebate Program supports residential and commercial solar installations.
- Local Rebates: Various municipal rebates like the Hudson Light & Power photovoltaic incentive.
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California
- Incentives: Offers the California Solar Initiative (CSI) for residential and commercial installations and supports energy storage through the Self-Generation Incentive Program (SGIP).
- Utility Rebates: Substantial rebates through utility companies like PG&E and SCE, though specific amounts vary.
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Illinois
- Incentives: Adjustable Block Program offers significant financial benefits, including renewable energy credits, and property tax adjustments.
- Income-based Incentives: Potential for free solar installations for eligible income levels.
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South Carolina
- Incentives: Offers a tax credit of 25% of the solar panel system cost, up to $35,000 or 50% of the taxpayer’s tax liability. Additional rebates for Santee Cooper customers.
- Utility Rebates: Specific rebates like $5,700 for Santee Cooper customers.
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Arizona
- Incentives: Generous rebate programs for residential and commercial installations through Arizona Public Service (APS).
- Storage Incentives: Incentives for energy storage installations.
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New Jersey
- Incentives: Offers significant rebates through the New Jersey Clean Energy Program (NJCEP) and supports energy storage through the Transition Renewable Energy Certificates (TRECs) program.
- Utility Rebates: Various utility-specific rebates available.
These states often combine federal incentives, like the 30% Solar Investment Tax Credit, with local rebates and tax exemptions to encourage solar adoption. The specific amount and type of rebate can vary widely by location and utility provider.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-states-offer-the-highest-solar-rebates/
