Tax Credits

Federal Tax Incentives and Grants

Currently, residential installation of renewable energy technology is elibigle for the Residential Renewable Energy Tax Credit. The credit is 30% for a qualified installation of solar electric systems and solar water heating systems. Currently this credit is scheduled to be reduced to a 26% credit for installations occurring after 1/1/2020 and 22% for those installed between 1/1/2021 and 12/31/2021. The credit can be carried forward another tax year if it is not completely used in the year when the installation occurs. The home served by the system does not have to be the taxpayer’s principal residence. The tax credit does not apply to solar water-heating property for swimming pools or hot tubs. IRS – Questions about Residential Renewable Tax Credits updated 8.17.16


Other Clean Energy Incentives Available in Georgia:

Many localities (city or county governments) and individual state agencies, as well as the local power companies and energy cooperatives (EMC’s), also offer incentive programs for various clean energy/energy efficiency systems. For further detail on such localized incentives, see under the Georgia state materials.

For More Information:

DSIRESOLAR – Database of state, federal, utility and federal incentives and policies relating to adoption of solar technology.