Federal Solar Tax Incentives
The Energy Policy Act of 2005 (H.R. 6, Sec. 1335) established a 30% tax credit up to $2,000 for the purchase and installation of residential solar electric. An individual can take both a 30% credit up to the $2,000 cap for a photovoltaics system.
> Click here to download IRS Form 5695
> Link to DSIRE web site; A good resource for Federal Tax Incentive Info.
State-by-State Solar Tax Incentives and Rebates
YOUR POWER-SAVE SOLAR AUTHORIZED INSTALLER WILL SUBMIT FOR YOU THE STATE AND UTILITY SPONSORED REBATE FORMS AND GET APPROVAL IN ADVANCE OF INSTALLATION!!!!
*Check with your state and local utility company for current terms and conditions of their rebates. Power-Save is not responsible for expired or revised rebate information.
The table below is based on the Power-Save Solar 1kW residential system priced at $5,999.00!
STATE (links to DSIRE web site) |
FED TAX CREDIT |
STATE TAX CREDIT |
STATE/UTILITY REBATE |
NET SYSTEM COST!!! |
| Alabama | $2,000.00 |
$3,999.00 | ||
Alaska * |
$2,000.00 |
$2,892.44 |
$1106.56 | |
| Arizona * ** | $2,000.00 |
$1,000.00 |
$3,000.00 |
FREE! |
| Arkansas | $2,000.00 |
$3,999.00 | ||
| California * ** | $2,000.00 |
$4,000.00 |
FREE! | |
| Colorado * ** | $2,000.00 |
$4,000.00 |
FREE! | |
| Connecticut * | $2,000.00 |
$5,000.00 |
FREE! | |
| Delaware | $2,000.00 |
$2,799.00 |
$1,200.00 | |
| Washington DC | $2,000.00 |
$3,999.00 | ||
| Florida *** | ||||
| Georgia * | $2,000.00 |
$3,042.59 |
$956.41 | |
| Hawaii | $2,000.00 |
$1,959.00 |
$2,040.00 | |
| Idaho | $2,000.00 |
$1,959.00 |
$2,040.00 | |
| Illinois * | $2,000.00 |
$1,679.00 |
$2,320.00 | |
| Indiana | $2,000.00 |
$3,999.00 | ||
| Iowa * | $2,000.00 |
$2,500.00 |
$1,499.00 | |
| Kansas | $2,000.00 |
$3,999.00 | ||
| Kentucky | $2,000.00 |
$3,999.00 | ||
| Louisiana | $2,000.00 |
$2,800.00 |
$1,199.00 | |
| Maine * | $2,000.00 |
$3,000.00 |
$999.00 | |
| Maryland * | $2,000.00 |
$1,120.00 |
$2,879.00 | |
| Massachusetts * | $2,000.00 |
$800.00 |
$3,000.00 |
$199.00 |
| Michigan * ** | $2,000.00 |
$2,500.00 |
$1,499.00 | |
| Minnesota * | $2,000.00 |
$4,000.00 |
FREE! | |
| Mississippi | $2,000.00 |
$3,999.00 | ||
| Missouri | $2,000.00 |
$500.00 |
$3,499.00 | |
| Montana * ** | $2,000.00 |
$500.00 |
$3,500.00 |
FREE! |
| Nebraska * | $2,000.00 |
$1,330.43 |
$2,670.00 | |
| Nevada * | $2,000.00 |
$3,000.00 |
$999.00 | |
| New Hampshire | $2,000.00 |
$3,999.00 | ||
| New Jersey * | $2,000.00 |
$3,800.00 (discontinued) |
$199.00 (discontinued) | |
| New Mexico | $2,000.00 |
$1,680.00 |
$2,320.00 | |
| New York * | $2,000.00 |
$1,400.00 |
$3,350.00 |
FREE! |
| North Carolina * | $2,000.00 |
$1,950.00 |
$2,049 .00 | |
| North Dakota | $2,000.00 |
$840.00 |
$3,159.00 | |
| Ohio | $2,000.00 |
$3,999.00 | ||
| Oklahoma | $2,000.00 |
$3,999.00 | ||
| Oregon * | $2,000.00 |
$2,800.00 |
$2,000.00 |
FREE! |
| Pennsylvania | $2,000.00 |
$3,999.00 | ||
| Rhode Island * | $2,000.00 |
$1,400.00 |
$125.00 |
$2,474.00 |
| South Carolina | $2,000.00 |
$1,400.00 |
$3,999.00 | |
| South Dakota | $2,000.00 |
$3,999.00 | ||
| Tennessee | $2,000.00 |
$3,999.00 | ||
| Texas * ** | $2,000.00 |
$4,500.00 |
FREE!**** | |
| Utah * ** | $2,000.00 |
$1,400.00 |
$2,000.00 |
$599.00 |
| Vermont | $2,000.00 |
$1,760.00 |
$2,239.00 | |
| Virginia | $2,000.00 |
$3,999.00 | ||
| Washington * ** | $2,000.00 |
$1,500.00 |
$2,499.00 | |
| West Virginia | $2,000.00 |
$3,999.00 | ||
| Wisconsin * ** | $2,000.00 |
$3,900.00 |
$99.00 | |
| Wyoming * | $2,000.00 |
$2,799.00 |
$1,200.00 |
* est. state/utility rebate or tax credit
** highest regional rebate
*** requires 2kW system minimum
**** based on purchase price of $5700.00
The table below is based on the Power-Save Solar 2kW residential system priced at $10,299.00!
STATE (links to DSIRE web site) |
FED TAX CREDIT |
STATE TAX CREDIT |
STATE/UTILITY REBATE |
NET SYSTEM COST!!! |
| Alabama | $2,000.00 |
$8,299.00 | ||
Alaska * |
$2,000.00 |
$5,784.89 |
$2,514.12 | |
| Arizona * ** | $2,000.00 |
$1,000.00 |
$6,000.00 |
$1,299.00 |
| Arkansas | $2,000.00 |
$8,299.00 | ||
| California * ** | $2,000.00 |
$5,500.00 |
$2,799.00 | |
| Colorado * ** | $2,000.00 |
$9,000.00 |
FREE! | |
| Connecticut * | $2,000.00 |
$10,000.00 |
FREE! | |
| Delaware | $2,000.00 |
$5,500.00 |
$2,799.00 | |
| Washington DC | $2,000.00 |
$8,299.00 | ||
| Florida *** | $2,000.00 |
$8,000.00 |
$299.00 | |
| Georgia * | $2,000.00 |
$5,585.18 |
$2,714.00 | |
| Hawaii | $2,000.00 |
$3,500.00 |
$4,799.00 | |
| Idaho | $2,000.00 |
$3,500.00 |
$4,799.00 | |
| Illinois * | $2,000.00 |
$3,000.00 |
$5,299.00 | |
| Indiana | $2,000.00 |
$8,299.00 | ||
| Iowa * | $2,000.00 |
$5,000.00 |
$3,299.00 | |
| Kansas | $2,000.00 |
$8,299.00 | ||
| Kentucky | $2,000.00 |
$8,299.00 | ||
| Louisiana | $2,000.00 |
$5,500.00 |
$2,799.00 | |
| Maine * | $2,000.00 |
$6,000.00 |
$2,299.00 | |
| Maryland * | $2,000.00 |
$2,000.00 |
$6,299.00 | |
| Massachusetts * | $2,000.00 |
$1,000.00 |
$6,000.00 |
$1,299.00 |
| Michigan * ** | $2,000.00 |
$5,000.00 |
$3,299.00 | |
| Minnesota * | $2,000.00 |
$8,000.00 |
$299.00 | |
| Mississippi | $2,000.00 |
$8,299.00 | ||
| Missouri | $2,000.00 |
$1,000.00 |
$7,299.00 | |
| Montana * ** | $2,000.00 |
$500.00 |
$7,000.00 |
$799.00 |
| Nebraska * | $2,000.00 |
$2,660.85 |
$5,639.00 | |
| Nevada * | $2,000.00 |
$6,000.00 |
$2,299.00 | |
| New Hampshire | $2,000.00 |
$8,299.00 | ||
| New Jersey * | $2,000.00 |
$7,600.00 (discontinued) |
$699.00 (discontinued) | |
| New Mexico | $2,000.00 |
$3,000.00 |
$5,299.00 | |
| New York * | $2,000.00 |
$2,500.00 |
$8,000.00 |
FREE! |
| North Carolina * | $2,000.00 |
$3,500.00 |
$4,799.00 | |
| North Dakota | $2,000.00 |
$1,500.00 |
$6,799.00 | |
| Ohio | $2,000.00 |
$8,299.00 | ||
| Oklahoma | $2,000.00 |
$8,299.00 | ||
| Oregon * | $2,000.00 |
$5,000.00 |
$4,000.00 |
FREE! |
| Pennsylvania | $2,000.00 |
$8,299.00 | ||
| Rhode Island * | $2,000.00 |
$2,500.00 |
$125.00 |
$5,674.00 |
| South Carolina | $2,000.00 |
$2,500.00 |
$5,799.00 | |
| South Dakota | $2,000.00 |
$8,299.00 | ||
| Tennessee | $2,000.00 |
$8,299.00 | ||
| Texas * ** | $2,000.00 |
$8,000.00 |
$299.00 | |
| Utah * ** | $2,000.00 |
$2,000.00 |
$4,000.00 |
$2,299.00 |
| Vermont | $2,000.00 |
$3,500.00 |
$4,799.00 | |
| Virginia | $2,000.00 |
$8,299.00 | ||
| Washington * ** | $2,000.00 |
$3,000.00 |
$5,299.00 | |
| West Virginia | $2,000.00 |
$8,299.00 | ||
| Wisconsin * ** | $2,000.00 |
$5,000.00 |
$3,299.00 | |
| Wyoming * | $2,000.00 |
$3,000.00 |
$5,299.00 |
The table below is based on the Power-Save Solar 3kW residential system priced at $14,999.00!
STATE (links to DSIRE web site) |
FED TAX CREDIT |
STATE TAX CREDIT |
STATE/UTILITY REBATE |
NET SYSTEM COST!!! |
| Alabama | $2,000.00 |
$- |
$- |
$12,999.00 |
Alaska * |
$2,000.00 |
$8,677.33 |
$4,322.00 | |
| Arizona * ** | $2,000.00 |
$1,000.00 |
$9,000.00 |
$2,999.00 |
| Arkansas | $2,000.00 |
$12,999.00 | ||
| California * ** | $2,000.00 |
$9,000.00 |
$3,999.00 | |
| Colorado * ** | $2,000.00 |
$13,500.00 |
FREE! | |
| Connecticut * | $2,000.00 |
$15,000.00 |
FREE! | |
| Delaware | $2,000.00 |
$7,300.00 |
$5,699.00 | |
| Washington DC | $2,000.00 |
$12,999.00 | ||
| Florida *** | $2,000.00 |
$12,000.00 |
$999.00 | |
| Georgia * | $2,000.00 |
$8,127.77 |
$4,872.00 | |
| Hawaii | $2,000.00 |
$5,000.00 |
$7,999.00 | |
| Idaho | $2,000.00 |
$5,000.00 |
$7,999.00 | |
| Illinois * | $2,000.00 |
$5,000.00 |
$7,999.00 | |
| Indiana | $2,000.00 |
$12,999.00 | ||
| Iowa * | $2,000.00 |
$7,500.00 |
$5,499.00 | |
| Kansas | $2,000.00 |
$12,999.00 | ||
| Kentucky | $2,000.00 |
$12,999.00 | ||
| Louisiana | $2,000.00 |
$5,500.00 |
$7,499.00 | |
| Maine * | $2,000.00 |
$7,000.00 |
$5,999.00 | |
| Maryland * | $2,000.00 |
$2,000.00 |
$10,999.00 | |
| Massachusetts * | $2,000.00 |
$1,000.00 |
$9,000.00 |
$2,999.00 |
| Michigan * ** | $2,000.00 |
$7,500.00 |
$5,499.00 | |
| Minnesota * | $2,000.00 |
$12,000.00 |
$999.00 | |
| Mississippi | $2,000.00 |
$12,999.00 | ||
| Missouri | $2,000.00 |
$1,500.00 |
$11,499.00 | |
| Montana * ** | $2,000.00 |
$500.00 |
$7,000.00 |
$5,499.00 |
| Nebraska * | $2,000.00 |
$3,991.28 |
$9,008.00 | |
| Nevada * | $2,000.00 |
$9,000.00 |
$3,999.00 | |
| New Hampshire | $2,000.00 |
$12,999.00 | ||
| New Jersey * | $2,000.00 |
$10,500.00 (discontinued) |
$2,499.00 (discontinued) | |
| New Mexico | $2,000.00 |
$5,000.00 |
$7,999.00 | |
| New York * | $2,000.00 |
$3,750.00 |
$12,000.00 |
FREE! |
| North Carolina * | $2,000.00 |
$5,200.00 |
$7,799.00 | |
| North Dakota | $2,000.00 |
$2,200.00 |
$10,799.00 | |
| Ohio | $2,000.00 |
$12,999.00 | ||
| Oklahoma | $2,000.00 |
$12,999.00 | ||
| Oregon * | $2,000.00 |
$6,000.00 |
$6,000.00 |
$999.00 |
| Pennsylvania | $2,000.00 |
$12,999.00 | ||
| Rhode Island * | $2,000.00 |
$3,649.75 |
$125.00 |
$9,225.00 |
| South Carolina | $2,000.00 |
$3,000.00 |
$9,999.00 | |
| South Dakota | $2,000.00 |
$12,999.00 | ||
| Tennessee | $2,000.00 |
$12,999.00 | ||
| Texas * ** | $2,000.00 |
$11,679.20 |
$1,320.00 | |
| Utah * ** | $2,000.00 |
$2,000.00 |
$6,000.00 |
$4,999.00 |
| Vermont | $2,000.00 |
$5,250.00 |
$7,749.00 | |
| Virginia | $2,000.00 |
$12,999.00 | ||
| Washington * ** | $2,000.00 |
$4,500.00 |
$8,499.00 | |
| West Virginia | $2,000.00 |
$12,999.00 | ||
| Wisconsin * ** | $2,000.00 |
$7,500.00 |
$5,499.00 | |
| Wyoming * | $2,000.00 |
$3,000.00 |
$9,999.00 |
