Solar Incentives

Solar Incentives

Jonathan B.
Aug 24, 2007

Go green, get paid. That's the premise of many state programs that will, in one way or another, pay you to install photovoltaic, or PV, electric generating systems on your house. We're talking significant cash here: Oregon, for example, will rebate about half the cost of a system, or up to $10,000. New York, Illinois, and California have programs, too. Here's an overview:

New York gives a property tax exemption on the value added to your residence.
Illinois pays an incentive of 33% of project cost or $10,000 total.
• California has two programs, one for new homes and one for existing homes. Get started at Go Solar California.

What kind of incentives does your state offer? Have you gone solar on your house, or encouraged your apartment manager or condo association to consider the idea?

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