Solar Power State and Federal Tax Incentives
GeoInnovation will assist you in getting the grants and tax rebates you deserve for "going solar":
- A residential state tax credit applies to 25% of solar equipment and installation costs up to a $1000 credit.
- The federal tax credit applies to 30% of solar equipment and installation costs up to a $2000 credit for residential systems placed in service during 2007 and 2008. There is no limit to the credit for commercial systems.
- A 10% state tax credit applies to commercial systems.
- Arizona sales tax is exempted on installation of solar equipment up to $5000.
More Useful Resources
» The Database of State Incentives for Renewable Energy (DSIRE)
» The Solar Energy Industries Association (SEIA)
» Arizona Department of Revenue Solar Energy Credit
» Arizona Department of Commerce Commercial Solar Energy Tax Credit Program |