Financial Incentives For Renewable Energy and Energy Efficiency/ Conservation Projects
Noteworthy Financial Incentives:
- 30% tax credit on installed system cost (A federal grant can be received in lieu of this tax credit.)
- System cost can be depreciated over 5 years
- Energy efficient commercial buildings tax deduction
- Loan guarantee program
- Energy efficient mortgages
- Energy efficient new homes tax credit for home builders
Visit www.dsireusa.org for a comprehensive listing of federal and state grants and tax incentives.