Solar Power Rebates Michigan

Following the national extension of the solar investment tax credit itc through 2021 it has never been a better time to go solar.

Solar power rebates michigan. This awesome credit cuts the cost of your overall solar installation by 26 percent making solar pv a more affordable and appealing energy source than fossil fuels. Michigan also has substantial natural gas reserves and this fossil fuel accounts for more energy usage than any other single source. Federal investment tax credit. The majority of michigan s electricity comes from coal fired plants and nuclear power.

With the solar investment tax credit you can reclaim about 26 percent of the purchase and installation cost of your solar power system as a federal tax credit. Renewable portfolio standard in 2016 the state s previous renewable portfolio standard rps was amended by the clean renewable and efficient energy act. Michigan solar tax credits and incentive programs the federal investment tax credit. Now the effects of the expiration of the rps law can start to be seen.

Just a few years ago michigan had a real strong statewide solar power rebate program. What rebates solar tax credits and other solar incentives are available in michigan. Here are some of the top solar energy incentives and rebates currently available in michigan. But that program has gone the way of the dodo and with the rps goals still at a low 10 utilities lack the incentives they need to keep.

Michigan has lots of sunshine and laws that are favorable for solar power and renewable energy.