Some common types of Solar rebates and incentives that may be available include:
1. Solar Investment Tax Credit: This federal tax credit allows homeowners and businesses to deduct a percentage of the cost of installing a Solar energy system from their federal taxes.
2. Solar Renewable Energy Certificates (SRECs): Some states have programs that allow homeowners and businesses to earn money by selling the renewable energy produced by their Solar panels back to the grid in the form of SRECs.
3. Net Metering: Many states have net metering policies that allow homeowners with Solar panels to receive credit for the excess electricity they generate and send back to the grid.
4. Property Tax Exemptions: Some states offer property tax exemptions for homeowners who install Solar panels, reducing the overall cost of the system.
5. Solar Rebates: Some states and local governments offer cash rebates or incentives to help offset the initial cost of installing a Solar energy system.
These are just a few examples of the types of Solar rebates and incentives that may be available in your area. Be sure to do your research and take advantage of any programs that can help make Solar energy more affordable for you.
