Renewable portfolio standard rps is a law that requires a certain amount of.
Pa rebates for solar panels.
Pennsylvania solar energy incentives and rebates 2020 renewable portfolio standard rps.
The first major program that you should know about is the solar investment tax.
An unbound renewable energy company open mon fri.
The value of solar incentives in pennsylvania is even greater when taking into account the recent extension of the federal investment tax credit itc for solar.
A fair amount of that money 100 million directly benefits homeowners and small businesses through the pennsylvania sunshine solar program which provides rebates to help subsidize the cost of installing pv arrays and solar thermal systems.
On top of the electric bill savings you ll earn special solar renewable energy credits srecs until at least 2021.
8am to 5pm pst.
6am to 6pm and sat.
Prepared with a budget of 100 million the pa department of environmental protection administered these funds to slash the cost of solar through rebates as high as 0 75 w for residential solar installations a generous rebate for solar.
Federal solar investment tax credit.
These are the solar rebates and solar tax credits currently available in pennsylvania according to the database of state incentives for renewable energy website.
You ll get one each time your system produces a megawatt hour mwh of electricity and our example 5 kw will earn you about 5 5 srecs each year.
In addition to the state specific incentives and programs mentioned above you can reduce the cost of your solar panels system by 30 percent thanks to this great government program.