Manufacturer of Solar Thermal Collectors – Solar Tanks – Solar Skies

THE FEDERAL GOVERMENT currently offers a 30% tax credit to homes and businesses that install a solar hot water system. To file the Federal Tax Credit, go to www.energystar.gov/tax credits and complete Personal Tax Credit Form 5695 and consult a tax professional for further details. Retain your receipt of purchase along with a copy of the Solar Skies Certification.

SEVERAL STATE AND LOCAL incentives are also available throughout the United States.To determine what rebates are available in your state, go to www.dsireusa.org. This link will direct you to the Database of State Incentives for Renewables and Efficiency (DSIRE).

The cost of installing a solar hot water system can be reduced by 30 – 70% after government,
state and local rebates and incentives.

FACTS 

- There is no credit cap for systems placed in service after 2008.

- The Federal Incentive program expires December 31, 2016  

- Solar Collectors must be certified for performance by the Solar Rating Certification Corporation (SRCC) or a comparable entity endorsed by the government of the state in which the property is installed.  

- At least half the energy used to heat the dwelling’s water must be from solar in order for the solar water-heating property expenditures to be eligible.  

- The tax credit does not apply to solar water-heating property for swimming pools or hot tubs.  

- The home served by the system does not have to be the taxpayer’s principal residence.