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sammyg2 sammyg2 is offline
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Did they mention the gubmint subsidies and tax cuts and other solar incentives?


Quote:
Program Type Tax Credit
Technologies Photovoltaics, Wind Energy, Solar Hot Water Heating
Amount $3 per watt of direct current of photovoltaics, or 30% of installation fee for other systems
Required Documentation Energy Efficiency Products Tax Credit Form, available from website
Official Web Site http://revenue.ky.gov

Kentucky offers state tax credits for renewable energy systems installed after Jan. 1, 2009. For most of these systems, such as passive solar hot water heating, or wind energy, the rebate covers up to 30 percent of the installation fees, for any amount up to $500. For photovoltaic systems, the rebate works a bit differently, and is calculated at $3.00 for each watt of direct current of the rated capacity of the system.
Quote:
Kentucky Solar Power Financial Incentives
Parent Category: Solar Rebates and Incentives Category: Kentucky
Financial Incentives

Corporate Tax Credit

Energy Efficiency Tax Credits (Corporate)
Renewable Energy Tax Credit (Corporate)
Tax Credit for Renewable Energy Facilities
Local Loan Program

Mountain Association for Community Economic Development - Energy Efficient Enterprise Loan Program
Solar Water Heater Loan Program
Personal Tax Credit

Energy Efficiency Tax Credits (Personal)
Renewable Energy Tax Credit (Personal)
Production Incentive

TVA - Green Power Switch Generation Partners Program
Sales Tax Exemption

Sales Tax Exemption for Large-Scale Renewable Energy Projects
Sales Tax Exemption for Manufacturing Facilities
Utility Loan Program

Paducah Power System - Residential Energy Efficiency Loan Program
Pennyrile RECC - Commercial Energy Efficiency Loan Program
Pennyrile RECC - Heat Pump Loan Program
Salt River Electric - Comfort Loan
South Kentucky RECC - Energy Efficiency Loan Program
Warren RECC - Residential Heat Pump Loan Program
Utility Rebate Program

Blue Grass Energy - Residential Energy Efficiency Rebate Program
Clark Energy - Residential Energy Efficiency Rebate Programs
Duke Energy - Commercial and Industrial Energy Efficiency Rebate Program
Duke Energy - Compact Fluorescent Light Bulb In-Store Rebate Program
Farmers RECC - Residential Insulation Rebate Program
Grayson Rural Electric Cooperative - Energy Efficiency Rebate Program
Jackson Energy Cooperative - Residential Energy Efficiency Rebate Programs
Kenergy - Residential Energy Efficiency Rebate Program
Nolin RECC - Residential Energy Efficiency Rebate Program
Owen Electric - Residential Energy Efficiency Rebate Program
Pennyrile RECC - Residential Energy Efficiency Rebate Program
Salt River Electric - Residential Energy Efficiency Rebate Program
South Kentucky RECC - Residential Energy Efficiency Rebate Program
Taylor County RECC - Residential Energy Efficiency Rebate Program
Warren RECC - Electric Water Heater Rebate

http://www.cleanenergyauthority.com/solar-rebates-and-incentives/kentucky/


Plus federal incentives:

Quote:
The ITC is a 30 percent tax credit for solar systems on residential (under Section 25D) and commercial (under Section 48) properties.
The residential and commercial solar ITC has helped annual solar installation grow by over 1,600 percent since the ITC was implemented in 2006 - a compound annual growth rate of 76 percent. (See more solar industry data.)
The existence of the ITC through 2021 provides market certainty for companies to develop long-term investments that drive competition and technological innovation, which in turn, lowers costs for consumers.
http://www.seia.org/policy/finance-tax/solar-investment-tax-credit

Last edited by sammyg2; 04-06-2017 at 09:51 AM..
Old 04-06-2017, 09:38 AM
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