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Solar incentives in Maryland, Pennsylvania, Virginia, and Washington DC help make your solar system more affordable.
Solar incentives are offerings by governments at the state or local level meant to encourage the adaption of green energy. Many states and localities have pledges to reach carbon neutrality within a certain timetable, but recognize that government infrastructure alone may not be enough to meet targeted goals. As such, they offer incentives to home and business owners who embrace green energy to help lessen the barrier to transitioning.
The solar incentives available to you vary by state, as well as city or locality within that state. However, typically solar incentives come in a few different forms focused on mitigating the cost of installation, as well as allow you to benefit from generating excess energy, and energy over time.
Rebates are a form of payment where, following the completion of your solar installation, a government entity sends you a cash reimbursement covering a specified amount of the installation. Amounts vary by locality and government.
Solar energy renewable credits are a form of payment accessible for generating energy over time. Once you hit the specified threshold (typically one megawatt hour), you can sell them on the SREC market.
Tax breaks and exemptions are a common form of incentive, often allowing you to write off some or all of your solar installation costs on your taxes. There may also be incentives that exempt you from sales tax when purchasing panels.
Net metering offers an advantge when you generate more energy than your home or business can use in a day. You have the ability to sell excess energy back to the power grid, and most municipalities will purchase it at market rate.
Explore Solar Incentives in Your State
Each state/district we operate in has its own incentives for going solar that help make the process even more financially viable. Click below to explore the incentives in your state.
Make the most of your solar installation with great incentives and expert service from the Lumina Solar team. Our Solar Consultants work directly with you to ensure the process is efficient, effective, and helps you save.
