What are the financial incentives available to reduce the cost of PV?
California Energy Commission, the Regional Energy Office and the Federal Government have financial incentives to reduce the cost of purchasing a photovoltaic system. California renewable agencies have buy-down Program offers rebates of $2.80/watt for residential and commercial systems. In addition, the federal government provides tax incentives for commercial entities who invest in solar energy equipment. The tax incentives include a 30% investment tax credit and 5-year accelerated depreciation.
Related Questions
- Our outsourcing deal includes incentives for the vendor to reduce the overall cost to us (the buyer). How do we make sure the vendor will do that when reducing our costs means billing less?
- What provisions exist to reduce the cost of membership or attendance at workshops for cases of genuine financial hardship?
- Are there rebates or financial incentives for installing a PV system?
