SOLAR

INCENTIVES UPDATED JANUARY 2010

• Residential:
  • Federal Incentives:
    • Renewable Energy Tax Credit
      • 30% of total cost with no limit
      • can be all in one tax year or spread over 5 consecutive tax years
    • Energy Conservation Subsidy Exclusion
      • Any subsidy received by public utilities are nontaxable
  • State Incentives:
    • Pennsylvania Sunshine Grant Program
      • Up to 10kw Solar PV system Rebate at $2.25 per watt
      • 25% Rebate up to $2,000 for Solar Thermal systems
    • PA Alternative Energy Tax Credit
      • 15% of cost less any state grant money
      • 2008 projects claim in 2009 tax year, 2009 projects claim in 2010 tax year
• Business:
  • Federal Incentives:
    • Renewable Energy Tax Credit
      • 30% of total cost with no limit
      • can be all in one tax year or spread over 5 consecutive tax years
    • Renewable Energy Grants
      • Converts above tax credit to a grant
      • Now until 10/1/2011
  • State Incentives:
    • Pennsylvania Sunshine Grant Program (100 employees or less)
      • Program Opens May 18th, 2009
      • Up to 200kw Solar PV system Rebate
        • up to 10kw $1.25 per watt
        • 10kw100kw $1.00 per watt
        • 100kw200kw $.75 per watt
      • 25% rebate up to $20,000 for Solar Thermal Systems
    • PA Alternative Energy Tax Credit
      • 15% of cost less any state grant money
      • 2008 projects claim in 2009 tax year, 2009 projects claim in 2010 tax year
    • PEDA Grants – competitive grants
    • Energy Harvest Grants – competitive grants
    • PA Green Works competitive grants

FOR MORE INFORMATION CONTACT WORLEY & OBETZ 1-800-697-6891