Several states in the U.S. offer generous solar incentives to encourage homeowners to adopt solar energy. Here are some of the most notable ones:
Top States for Solar Incentives:
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New York
- Offers sales and property tax exemptions.
- Combines well with federal solar tax credits, making it a top choice for solar incentives.
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South Carolina
- Provides a tax credit of 25% of the solar system cost, up to $35,000 or 50% of the taxpayer’s tax liability.
- Additional property tax exemptions and rebates, such as the $5,700 offer for Santee Cooper customers, make it very attractive.
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New Jersey
- Known for its highly valuable Successor Solar Incentive (SuSI) program.
- Offers one of the most generous Solar Renewable Energy Certificate (SREC) programs, allowing homeowners to earn significant credits for their energy production.
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Massachusetts
- The Solar Massachusetts Renewable Target (SMART) program provides substantial incentives.
- Offers net metering and tax credits, making solar financially viable for homeowners.
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Maryland
- Offers a $1,000 rebate for solar installations.
- Provides full property and sales tax exemptions, along with net metering and Solar Renewable Energy Certificates (SRECs) for additional income from excess energy.
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Oregon
- Offers up to $5,000 off the cost of qualifying solar systems, plus additional rebates from utility companies and net-metering opportunities.
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Illinois
- Offers robust incentives, including net metering and tax credits, making it more accessible for homeowners to adopt solar energy.
- California, Washington, and Texas also provide various incentives, though they may vary by utility provider or specific programs available in each state.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/which-states-offer-the-most-generous-solar-incentives/
