Solar Power Rebates Pennsylvania

The value of solar incentives in pennsylvania is even greater when taking into account the recent extension of the federal investment tax credit itc for solar.

Solar power rebates pennsylvania. If you re lucky enough to live in philadelphia you can get a 200 per kw rebate for your home solar system now until the end of 2024. Prepared with a budget of 100 million the pa department of environmental protection administered these funds to slash the cost of solar through rebates as high as 0 75 w for residential. However there is some variance in solar prices in different parts of the state. In 2018 pennsylvania has over 354 megawatts of solar power generation installed at nearly 19 000 homes farms and businesses and nearly 5 000 people employed in the solar energy field.

First energy utilities meted penelec penn power west penn power in pennsylvania provide rebates to residential customers for purchasing and installing qualifying solar water heating systems. The average cost for an installed residential solar system in pennsylvania is currently 10 558 after claiming the 26 federal solar tax credit. In addition to the state specific incentives and programs mentioned above you can reduce the cost of your solar panels system by 30 percent thanks to this great government program. Energy information administration the average pennsylvania family consumes more than 10 000 kilowatt hours kwh of electricity annually and spends more than 2 000 per year on energy bills.

Solar power prices savings and payback in your part of pennsylvania. Cashing in on the federal investment tax credit itc and other incentives could save you thousands of dollars on this estimate. The tax break reduces. The last notable statewide solar incentive in pennsylvania is the pa sunshine solar rebate program that was created in 2009 but expired soon after in 2013.

This is 2 38 per watt. Eligible systems may receive a rebate of up to 500. However there are only 500 000 in funds available every year. An average sized solar system is 5 kilowatts kw which means the cost could range from 13 302 to 17 998.

That means these funds are only going to provide relief to about 500. Pennsylvania solar power rebates 200 per kw philly only grade. An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group. According to the u s.

As of 2019 the average cost for solar power in pennsylvania is 3 13 w. Favorable laws rebates performance payments and high electric prices make going solar in pennsylvania a wise economic decision. Pennsylvania has a solid foundation to help boost solar power.