Pennsylvania Solar Panel Grants

Keep in mind that the federal government currently offers a 30 tax credit for the whole installed cost of your system that s a huge benefit available to you no matter where you live in the us.

Pennsylvania solar panel grants.

Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays. Regardless of the exact cost of installation there are many affordable financing options for solar panel systems. 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 financing authority cfa. Department of energy is providing funding for a statewide planning effort to increase pennsylvania s solar energy production to at least 10 percent of in state electricity sales by 2030.

Pennsylvania has a solid foundation to help boost solar power. 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. Pennsylvania solar and renewable energy incentives. Energy environment infrastructure press release harrisburg pa governor tom wolf announced today announced that the commonwealth finance authority s cfa solar energy program will be opening a new grant program and accepting applications for over 30 million in funding to support the advancement of solar energy and community development.

A solar payback period is the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings. 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. In pennsylvania the average solar payback period is 10 66 years. Eight percent of the state s power is to be generated from tier 1 sources which are clean and environmentally friendly ones such as solar power and wind technology.

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. Favorable laws rebates performance payments and high electric prices make going solar in pennsylvania a wise economic decision. For pennsylvania there are two tiers within this rps. Of that 8 about 5 should come from solar.