Solar Power Installation Incentives

Solar energy is good, clean, "green" energy for our environment. It eases the burden on our electrical infrastructure during hours of peak demand, and contributes to energy independence for our nation. For these reasons, the federal government and state and local governments have put into place many incentives for homes and businesses to convert to solar power including:

• Income tax deductions, exclusions and credits
• Accelerated depreciation options
• Property tax credits and exemptions
• Grants, loans and rebates
• Favorable excess power utility buy-back structures
• "Green" energy credits (REC)s that you can sell on the wholesale electricity market

Taken together, these incentives transform solar power into a smart, cost-saving strategy for almost everyone, and the many guaranteed loan programs make residential and commercial solar energy financing widely available allowing you to leverage your investment.

Making Sure You Take Advantage of Every Available Financial Incentive

With so many programs out there, how do you figure out which ones are right for you? You don't have to, because Eclipse Solar will do it for you. Because we know incentive programs often make the difference in a successful installation, we keep up to date on all of the available programs and financial strategies. We will:

• Advise your accountant of tax incentives available to you in your local area
• File your grant applications
• Provide cost savings and pay back schedules to you and your lenders

As soon as you've been approved, we'll let you know we're ready to begin.

After you system installation is complete, we'll register and sell your Renewable Energy Credits (REC)s for you. All you have to do is sit back and collect the checks.

Click here for examples of what your Residential or Commercial project could look like if you qualify for all of the incentives, rebates and tax credits available to customers. Please note that these are only examples. Your pricing and payback period would be less.

Getting Started

The first step solar customers should take is to determine if their site is feasible for a solar installation. Next, determine the size and cost of a solar installation to fit their particular needs, then match available rebates and incentives to fit your project requirements.

Before you start: Do you have a good site for solar? Evaluate your Site

Get started now: Complete an Information Request

Learn more about Delaware solar energy incentives and Maryland solar energy incentives.

Find out more about the Delaware Green Energy Program.