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Energy Tax Credits, Utility Rebates, & Other Incentives For specific renewable energy incentives in your state check www.dsireusa.org. Solar pool heating system qualify for some state tax credit and utility rebate programs. SDHW and PV systems currently qualify for federal credits as well. Energy tax credits are still available in Hawaii but the Oregon tax credits for residential pools ended 12/2017 for any solar thermal (pool or hot water), PV, or wind system. Each credit is different in amount and requirements by state but similar in that the credit is taken against individual or business income taxes. For example, for any residential application, the Hawaii credit is 35% up to $2250. Both states also have commercial credits. In Oregon, I believe the Business Energy Tax Credits (BETC) are 50% of system costs and generally are carried over 5 years unless under $20,000. Either are great incentives to invest in renewable energy. Definitely take advantage of them if you live in these state. Energy Trust Rebates (Portland General Electric and Pacific Power)
There is also a federal credit for business/commercial applications; the Business Energy Investment Tax Credit which is 10% of the system cost. There is also a 30% federal credits on SDHW and PV systems. Copyright © 2001
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