Residential Solar and Renewable Incentives
SRP will be continuing to lower their rebates, so I have put together a simple table:
| SRP fiscal year | Residential | Commercial |
| June 1, 2009 – April 30, 2010 | $2.70/watt | $2.25/watt |
| May 1, 2010 – April 30, 2011 | $2.55/watt | $2.10/watt |
| May 1, 2011 – April 30, 2012 | $2.40/watt | $1.95/watt |
| May 1, 2012 – April 30, 2013 | $2.25/watt | $1.80/watt |
| May 1, 2013 – April 30, 2014 | $2.10/watt | $1.65/watt |
| May 1, 2014 – April 30, 2015 | $1.95/watt | $1.50/watt |
Let’s face it; no one likes dealing with taxes. Once again we fall in to BORING! So we’ll give you all the links for tax incentives as well as major utility company rebates. To get to the bottom line, here’s enough information to know where you stand. (As always, contact your tax professional.) Detailed information: www.dsireusa.org or Solar in Arizona
PERSONAL TAX CREDIT RESIDENTIAL SOLAR
Amount 25%
Max Incentive $1,000 /residence
Carryover Provision up to 5 consecutive years
PERSONAL TAX CREDIT NON-RESIDENTIAL SOLAR
Amount 10% of installed cost
Max Incentive $25,000 for 1 building in the same year
$50,000 in total credits in any year
Carryover Provision up to 5 consecutive years
SOLAR ENERGY TAX EXEMPTIONS:
Property tax and Sales tax exempt!
