Incentives >> Residential Solar Incentives
|PENNSYLVANIA RESIDENTIAL SOLAR INCENTIVES
Pennsylvania Sunshine Solar Rebate Program:
The Pennsylvania Sunshine program offers rebates to residential and small commercial residents that install photovoltaic (PV) and solar thermal systems.Only systems installed after the date of program opening are eligible for rebates. A total of $100 million (funded through state bonds) is available for rebates over the lifetime of the program. The DEP expects the program as a whole to last three to four years.
All residential applicants must be Pennsylvania residents, own the home upon which the system is installed, and use it as a primary residence (i.e., vacation homes and investment properties do not qualify for residential rebates). Small business applicants must be for-profit entities located within the state of Pennsylvania with no more than 100 full-time employees.
The list below describes incentive levels and other program rules:
Solar Renewable Energy Certificates (SRECs):
SRECs are slightly different from standard RECs, as they are only produced by solar systems. Standard RECs are produced by any renewable source. This includes sources such as wind, biomass, hydropower, etc. SRECs are, therefore, less common and more valuable than standard RECs.
You are guaranteed to receive payments for your SRECs for 15 years; the price for an SREC changes every day. To see how much extra cash you could make by selling your SREC’s follow this link for a free solar installation quote.
FEDERAL RESIDENTIAL SOLAR INCENTIVES
Solar Electric Tax Credit: