Incentives at the federal, state and local level enable you to reduce the cost of going solar by at least 50% and you can actually see a return in just a few years. This is on top of the reduction in your electricity costs for the years to come. The future for solar is now. Tax credits, incentives, and rebates exist at the federal, state, and local level making it a perfect time to invest in solar energy.
NEW JERSEY
New Jersey Clean Energy Program Rebate: Residents can receive a rebate equal to approximately 21% of the total system cost. Commercial up to $50,000. You can also receive Solar Renewable Energy Certificates (SREC) every time your solar system generates 1,000 kWhs. They then can then be sold or traded with an average value equating to $478 for a 15-year period.
PENNSYLVANIA
The residential rebate program in 2009 that pays $2.20 per watt up to 10kW. An Alternative Energy Credit (AEC) also pays consumers .25 cents per watt with no limit. Program rebates are for a primary residences only.
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