Solar Incentives & Tax Credits
Federal Investment Tax Credit (ITC) - 30%
The biggest incentive. 30% of your total solar cost (including battery) as a dollar-for-dollar tax credit. Available through 2032. Drops to 26% in 2033, 22% in 2034, then expires for residential. You must owe federal taxes to claim it - excess carries forward.
Net Metering
Your utility credits you for excess solar power sent to the grid. Available in 40+ states. Some states (like California NEM 3.0) have reduced rates. Check your utility's policy - it significantly affects ROI.
State Rebates & Credits
Many states offer additional incentives on top of the federal credit. NY offers up to $5,000. MA has the SMART program. NJ has TRECs worth $90+ each. Check dsireusa.org for your state.
SRECs (Solar Renewable Energy Credits)
In some states (NJ, MA, DC, MD, PA, IL), you earn tradeable credits for every MWh your system produces. Can be worth $200-400/year in extra income.