Clean Energy Tax Credits & Rebates
Residential Solar and Wind Systems
There is a 30% federal tax credit available for the purchase of solar hot water, solar electric and wind systems.
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US37F&re=1&ee=1
The State of Minnesota currently offers a $2 per watt rebate on solar electric systems. In addition to the State rebate there is a property tax exemption for solar electric systems, so your new system does not increase your property tax and a state sales tax exemption for solar equipment. Additional funding and programs may be available through your local utility for Residential Solar and Wind Systems. For an updated list for credits and rebates visit the Database of State Incentives for Renewable Energy.
Business Solar and Wind Systems
There are two options for business customers
- A 30% federal tax credit available for the purchase of solar hot water, solar electric and wind systems.
- A federal grant up to 30% of the cost of solar hot water, solar electric or wind system.
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US02F&re=1&ee=1
The State of Minnesota currently offers a $2 per watt rebate on solar electric systems. In addition to the State rebate there is a property tax exemption for solar electric systems, so your new system does not increase your property tax and a state sales tax exemption for solar equipment. Additional funding and programs may be available through your local utility for Residential Solar and Wind Systems. For an updated list for credits and rebates visit the Database of State Incentives for Renewable Energy.
For more information please contact us.