The Pennsylvania Government Incentivizes Solar Panels

However there is a net metering law in place which has the potential to dramatically decrease homeowners electric bills.

The pennsylvania government incentivizes solar panels.

There are no statewide or utility specific rebates offered for residential solar systems. As of 2019 the average cost for solar power in pennsylvania is 3 13 w. Cashing in on the federal investment tax credit itc and other incentives could save you thousands of dollars on this estimate. Aside from the power output of the solar equipment you choose to install the amount of energy you generate with solar panels in pennsylvania is directly related to the amount of sunlight that hits your panels.

Pennsylvania solar power overview. 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. The program is administered jointly by the department of community and economic development dced and the department of environmental protection dep under the direction of the commonwealth. 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.

The solar energy program sep provides financial assistance in the form of grant and loan funds to promote the use of solar energy in pennsylvania. The tax break reduces. 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. The solar industry is growing at an unprecedented rate providing emissions free power opportunities for all sectors.

Find information and services from pennsylvania state government agencies. The official website of the commonwealth of pennsylvania. 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. An average sized solar system is 5 kilowatts kw which means the cost could range from 13 302 to 17 998.

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.