This Video Will Discuss How Solar Rebates and Incentives Work.

There are three types of rebates: Federal, State and Local.

The Federal rebate comes in the form of a Federal Renewable Energy Tax Credit, which you recieve once you file your taxes. The tax credit is 30% of the overall cost of the system. For example every $10,000 you spend, you will be eligible to recieve $3,000 back in a tax credit. If you don't use your rebate up in the first year, it will roll over into subsequent years until it is used up.

As for State rebates, each state has a different incentive program and some states do not offer them. So double check the cooler planet calculator or you can ask the installer when you get connected for a site visit.

Along with the state incentives and rebates, some areas have utility companies that also provide some kind of incentive program.

When you recieve an estimate from a solar professional they will also be able to break down all of the rebates and incentives, and they can show you exactly how much you will get back with the purchase of a solar electric system.