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Tax Credits

There are significant “Renewable Energy Tax Credits” for 30% of the costs of major energy installations. These credits are unlimited, and include labor on installation for the following:

  • Solar Water Heaters
  • Solar Panels
  • Geothermal Heat Pumps

  • Small Wind Turbines

  • Fuel Cells

The 30% credits decline through 2021, and are as follows:

  • 2017: 30%
  • 2018: 30%
  • 2019: 30%
  • 2020: 26%
  • 2021: 22%

The installations must be installed in a home you own and use as a residence (no rentals, but second homes qualify).

If you click on the following link you will find all of the current offers available:
Database for State Incentives for Renewables & Efficiency

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